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gitreal

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gitreal

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Re: gamble1 post# 95546

Wednesday, 08/07/2013 12:43:01 PM

Wednesday, August 07, 2013 12:43:01 PM

Post# of 162660
Shhhhhh, don't say that word (wild-cat) too loudly. According to the PR, it is a sure thing:

•From an economic perspective, the well is projected to produce 50-60 barrels a day. Based on the engineering reports and historic characteristics of the Garfield formation, the well is expected to produce at the same flow rate for 40 years.



50-60 bpd for 40 years??? Typical tactics. Makes it sound so simple to drill and find oil. If it were that simple and such a sure thing, everybody would be doing it. Like I said yesterday, go to a casino, put it all on red, and your odds are almost fifty-fifty of hitting a two-bagger.

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