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Re: iambadbert post# 37714

Tuesday, 09/16/2014 9:40:32 PM

Tuesday, September 16, 2014 9:40:32 PM

Post# of 96326
Frankly I have no idea what this means. Maybe you could further educate the board in depth on this.

They also know that approx cost to drill a 1300 ft deep water and hope we hit oil like Jed Clampit did well is 25k depending on the contract and the operators cut of the pie.



Who's drilling in 1300 ft deep water? TIA

The facts are that drilling has begun and any predictions about output are speculative at best.