North Montague County Drilling

Noticed a Vertical Well has been drilled 4Miles S of Ringgold , Best I can tell 3-T exploration are the ones behind it. Also looks like they are leasing plenty of land on the east and west side of Hwy 81. Have to assume they were also behind the seismic survey done about a year ago in the same area. Are vertical wells sort of a test to see if the area is producing before bringing in the more expensive horizontals? Looks like the well made 105 Barrels in the 24 hour test period, and some minor gas which is now being flared. Would love to hear some opinions as my family owns a pretty decent amount of mineral rights just a few miles away from well #1. We have not heard anything as of yet, but I want to do my Due Diligence just in case we do get a call.