Nearby wells has shown there is gas in the region but with very low flow rates. It would not surprise me that this well too will have a low flow rate and won't do much to the SP.
HOG has clearly said surrounding wells near Chernetska-1 are non-commercial.
http://www.hawkleyoilandgas.com//media/articles/Investor-Relations---Reports-and-Presentations/20111129-Investor-Presentation-194/Investor-Presentation-Nov11.pdf
Also this drill location was selected for the B20 not...
29th Nov Investor Presentation says:
B24/B25 carbonate section
Flowed gas at non-commercial rates in 4 wells in the area
I doubt this hole will produce.
Also they will need to fund a gas plant at some point. Will we see a cap raise soon?
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