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oilsleuth

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oilsleuth

Re: Howardhaftel post# 19007

Wednesday, 10/27/2010 9:02:24 PM

Wednesday, October 27, 2010 9:02:24 PM

Post# of 42997
Whatever figures you are looking at they are not the chance of success for exploratory drillholes. 100% chance of testable oil flowing to the surface encountered in testing raw prospects is plainly ridiculous. With all the percentages you are quoting it's hard to know what you are talking about.

The first RPS Energy report gives the COS for Bellevue #1 as 2% and Thunderbolt #1 as 0.72% as you are doubtless well aware of.

The second RPS report was (unfortunately) not linked to and only a very few people seem to have access to it.
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