Just re-read a section of the prospectus.
Wyoming is a great place to be for oil and gas.
In the year 2003, 2388 wells were drilled, of that only 62 or 2.6% were dry holes. 38 of 56 wild cats were successful in finding oil or gas.
Here's hoping the current well comes up trumps.
cheers
- Forums
- ASX - By Stock
- ELK
- success rates
success rates
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)