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bdahl385

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bdahl385

Re: REAZO post# 45174

Monday, 03/02/2009 11:42:53 PM

Monday, March 02, 2009 11:42:53 PM

Post# of 51429
Just remember, that soda can lost all its "fizz" when the previous operators shook the can and all the pressure escaped... It will take a lot of expensive drilling (H or V) for the water flood and/or EOR (polymers / CO2 / NG) injection to try and extract that 4+ million bbls of oil still in the Squirrel.

I liken it to the Canadian oil sands, lots of bbls. locked in the reservoir, just very difficult to get it out at the present cost / sales ratio.


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