I'm very surprised they got the attic story so wrong. 80m out is a lot. And waiting 5-6 years to find out is frustrating. Still, geologists are a bit like economists. They get it wrong a lot. No cash lost so CVN now looking forward to the main game. Do feel for ADV shareholders - it was the classic binary bet. We all were cock sure B10 would be a gusher. Hubris to burn. My bet was very disciplined despite wanting to go big many times. Like the saying goes - there's bulls and there's bears and then there are greedy little pigs; and greedy little pigs get nothing.
Onward and upwards my friends. Never look back.
Ann: Buffalo-10 Drilling Update, page-81
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