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Re: ANTI-BAGHOLDER post# 62655

Saturday, 07/16/2016 8:42:29 AM

Saturday, July 16, 2016 8:42:29 AM

Post# of 127626
I am a petroleum engineer and can tell you there are lots of promoted well reworks that are labeled success because it increased production, but they are economic disasters. It takes very little time for me with my resources to see the West Salt Creek field is depleted and way past its prime. You know, like the promoter screaming "WE HIT OIL" YEAAAAAAAAAA But it takes a little time to see that it cost more to get the oil than you get from it.

I am open to see how things work out there, but I can assume that if they hit a home run, they would be bragging about it. No need in keeping success secret, right? But there is a need to keep failures secret here, right?
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