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Re: daylatedolarshort post# 129574

Tuesday, 05/20/2008 8:52:31 PM

Tuesday, May 20, 2008 8:52:31 PM

Post# of 361730
Also the part about $100 million for one well ????

"Rig rates and other costs
have risen, taking the bill for some deepwater
exploration wells close to $100 million."

The highest per day cost I've seen was $400 000 / day !

So it would have to take 250 days to drill a single well ???

Someone is clearly talking outta their ar$e !!!
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