Likely last post on this subject
Believe Wiki Answers if you wish. Me, I am going with SPE (i.e. Society of Petroleum Engineers) and their peer groups.
Obviously my last post contained to much information. Here is the link
http://www.spe.org/jpt/print/archives/2007/05/JPT2007_05_DA_series.pdf
and here is the quote
"unrisked (i.e., they do not take into account the
probability of economic success, Pes, corresponding to economic cutoff).
I would rather have risked locations and reserves over unrisked.
Terry is correct - SSN has unrisked acreage in Niobrara and if the collective here thinks that this is already developed with drilling & with reasonable certainty for production then good luck to y'all.
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