They will rely on geological reports, and regional geology that is available from larger colleges, radiometrics, seismic date, all pretty usual stuff that the local experts have available.
They will be very interested in the drilling records and production information for the other wells in the area and will do trend analysis of the geologic structures to identify possible trapping mechanisms that would create the reserves pools.
They do their due diligence and then put an X on the ground and start turning right. This is an area where their newly acquired PROGAS, Inc experts will come in handy.
I am impressed with the way they have been assembling the pieces to create a gigantic money making machine that does not rely on just one industry to create and maintain cashflow.
Cashflow is king!
This li'l puppy will make me a millionaire several times over, JMHO.
Cowboy
Long n Strong
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