Replies to post #13308 on Phoenix Associates Land Syndicate (fka PBLSQ)

[USC Cowboy]

Tedwitt...don't forget the relative cost to drill..$50k v $2MM, and the associated risk of absorbing a dryhole should the drilling come up empty.

The big wells are flashy and sexy but the higher # of wells to spread risk over is more attractive in my opinion.

USC