“A comprehensive wireline logging program is due to commence on 6 March 2019 (AK time) to verify the prospectivity of the zones of interest. This program, including first pass interpretation, is expected to take approximately 10 days to complete. Based on the results of the interpretation, a decision will then be made on whether to proceed with production testing of the most prospective zone within the Nanushuk Formation.”
Can someone please explain in simple English what result is expected in 10 days? Is this to find out how commercial it would be?
And production testing, I presume is flowback??
Apologies and thank you in advance
RMP Price at posting:
9.8¢ Sentiment: Hold Disclosure: Held
