Replies to post #3721 on Claren Energy Corp (CNENF)

[molikai]

I did just come across this article however:

http://www.epmag.com/australia-holds-opportunity-712821#p=7

Contains a different point of view:

While CSG has attracted the attention of BG Group and others, other unconventional hydrocarbons – including shale oil and gas as well as tight gas – are beckoning others to the region. The Cooper/Eromanga basin has proven to be a productive play trend straddling the South Australia/Queensland border.

“In that proven productive play trend, where people have acquired 3-D seismic, 56% of the wildcat exploration wells have found oil and an average of 2.5 MMbbl,” said Barry Goldstein, executive director for the energy resources division of South Australia’s Department for Manufacturing, Innovation, Trade, Resources, and Energy.

[buccaneer1961]

what was the driller smoking?? does he have exp like the senex? 3d and the migration stuff? also exp on those structures in the charro/snatcher field?

do speak to him again,ask him what area...the exact area pel he has exp on,nobody does this for 10% that's an idiotic response you got

[Hamilcar54]

success rates on the western flank (where are 2 licenses sit) are over 50%.
Factor in using the latest technology with Rex's Virtual Drilling software and your chances become bigger again, see that data sheet in my previous post, this software is fantastic stuff. It has a 100% success rate in it's own drilling tests.