winners and losers, page-15

and with regard to that next well coming in, its by no means a sure thing. its offshore, has deviated geometry and goes into into a fractured limestone reservoir. thre is a great deal of additional mechanical and reservoir risk on top of the usual risk that come with drilling wells like this. drilling limestones can be quite challenging and they mightj ust do a perfect job and realise that they don't have the fracture network required to make it commerical.

my strategy will be to buy on the fall after this well dissapoints because the odds are that it will fail.