It leads to people getting wrecked! The people Ive brought on board I told them very clearly that theres a 50/50 chance they got oil so whatever you invest you have a 50% chance of losing it all. Invest accordingly!
the number of hits for a first wildcat well would logically be smaller than for a subsequent history of wild cat wells leading to the present well- ZNOG now has 20-21 years of experience -along with an incredible amount of surveys and studies to rely on -including the largest onshore 3d survey in all of Israel
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