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Re: loophole post# 2309

Sunday, 04/16/2006 1:29:15 PM

Sunday, April 16, 2006 1:29:15 PM

Post# of 14027
O.T. "1 million barrels in the ground"

Recoverable oil? Is that estimate based on seismic data alone? Part of or near an existing, proved field? Some outfit drilling in the mid west has claimed 100% completion of wells but failed to mention that the oil found is not economically suited for production (Ohio I think, can't find a link to the story). 1 million barrels isn't much & if the first well initially produces 80 bbl/day of high sulfur crude + sour gas....

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