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Re: Swingtrader post# 26308

Friday, 02/03/2012 10:02:42 PM

Friday, February 03, 2012 10:02:42 PM

Post# of 116863
Believing isn't necessary.
#1) Competent analysis of rock sample data
#2) Competent analysis of mud-log
#3) Competent Analysis of electric log. (TECO isn't even at this stage)
THESE 3 THINGS TOGETHER provides a sound professional Oil company with INDICATIONS ONLY. IF #1 AND #2 AND #3 say YES than you complete the well. One STILL DOES NOT announce success! Next step. Complete the well. Monitor it's flow over time. THEN and only THEN do announce success or failure based strictly on IPO. Now do see why Belize is bewildered, upset and dumbfounded?

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