Chancellor Group Inc (CHAG)

[mmayr]

Marty. . .

I would assume that would all depend on how deep they have to go to get to the oil. Some wells need only go a few thousand feet deep. . .while some may need to go a few miles deep! That makes a big difference. Everything is relevent in the oil business. The pressure under the well is also going to make a big difference on the volume the well will produce. It's quite the science. If your friend has done their homework, they should know to take a close look at the geological surveys of the property. . .or to speak with the chief geologist of the property they have invested in. Perhaps they already have? Anyway, no fast and steady answer to that question. Too many other variables to consider.

Keep us posted if you find anything out that can help us all understand the duration of time it takes to drill.

Peace,

M&M Man