RIA 0.00% 3.3¢ rialto energy limited

buying is encouraging , page-18

  1. 20,449 Posts.
    lightbulb Created with Sketch. 2010
    Here is an example of how we can misinterpret things( me included )
    If I said we have a pay zone of 6 meters on Gazelle 3 - would you declare it a failure.
    Gazelle 2 flowed 37 mcf and 370 bopd from 2460-2466 . Six meters. I think that says it all. The pay zones range in size but you can have a 6 meter zone flowing at 37mcf , a 50 meter zone at 39 and a 300 meter zone at 24 mcf
    I have posted this to reinforce the view - next Tuesday we will have 2 nd derisking news - reserviors that have , are or will be tested but the clincher will be flow rates
    I have asked myself time and time again am I being subjective - well I figure if I am unlucky enough to invest in a company that drills a duster in a field were all previous 5 previous wells drillined have yielded 5 discoveries and successful flow tests - well then it's meant to be
 
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