the future....., page-4

Comparing Hog with some imaginary company in a different part of the world is irrelevant.
A better comparison would be JKX, they have been successful in Ukraine and after extracting the best from their leases they bought more acres in the region and are now becoming even more successful.
Some companies are going to be successful and some will fall on their face. It is up to Hog which it will be.
At the moment Hog are batting 1:1, you can not do better than that.
The historical evidence shows that Well 1 is being drilled into a known reservoir. The oil is there. It would be very unlucky and a huge mistake if they miss it.
The chance of Well 1 being another great success is clearly better than 2:1.