Thinking earlier today, should 88 have run with the conventional following or prior to Ice1 (2015/17), we would very well have farmed in/out with oil at half the price it is now on what are close to ready to go operations in comparison to that of the HRZ.
With the HRZ requiring 10/15 wells in order to cement a final deal worth its salt, we may have very well spent our time and money in the most viable way (by fluke or plan). Conventional will fetch far more as at July 2018 than this time in 16/17. Lets also not forget, its the science behind the HRZ and the price of oil that will trigger a successful farm-out. Were in a rather good spot for each given were nearing $80 a barrel and Ice1 extracting those oily beacons and Ice2 proving amiable to frack and fluid measures.
Knowing DW as the type of communicator he is (factual, not much of an embellisher), i don't believe his mention of a farm-out of the HRZ as some pie in the sky measure. Put simply, he would not have placed that pressure on himself of 88 if it wasn't on the cards.
I feel we're in for some left of field HRZ news whilst the price of oil is were it is that will take a few of us by surprise.
'Future evaluation of the large potential already identified is planned to be accomplished via farm-out and this process has already commenced.'
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