Finding oil in new (areas not already with producing wells) fields is always a gamble, and yes an expensive one. I for one (and I expect most everyone else that has bought ZN) know this.
I choose to gamble on them finding oil. They want to and I want them to, but that guarantees nothing. You can spend $30 to hundreds pps on already producing companies, take your dividends and be happy Generic, if that's what you want. The only sure thing in oil is the well that's already producing, and even that's of limited duration.
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