what steps are recquired before a contingent rescource can be...

what steps are recquired before a contingent rescource can be calculated? what is the expected time line for such to occur? is it nesacessary for both wells to be tested before such can be done or can figures be extrapollated from the testing of one well? am i correct in assuming the most important near/mid term event insofar as the market rerating the sp is the the declaration of a contigent rescource?

as always your veiws would be appreciated