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Re: geotmp post# 17215

Wednesday, 04/11/2007 12:20:17 PM

Wednesday, April 11, 2007 12:20:17 PM

Post# of 28061
Geo,

You speak of the "many" P.I.P. successes from which you have become wealthy. If you don't mind me asking, and forgive me if this is a redundant question that has been answered earlier in the previous weeks/months, but what is the actual percentage success ratio for P.I.P. in identifying and subsequently drilling production quality holes?

I've heard/read percentages ranging from 30% to 80%.

I'm not talking about percentage success in simply identifying the presence of hydrocarbons, BUT, more importantly, in finding the presence of significant enough quantity and acceptable porosity and pressure that the drilled hole proves up to be economically viable.

Thanks in advance for any clarity.

Diewarzu

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