OIP 0.00% 4.3¢ orion petroleum limited

mc below cash at bank: wtf, page-12

  1. 13,011 Posts.
    lightbulb Created with Sketch. 777
    clacoste/others: HOW much money will these two wells cost? I realize the enormous upside potential for OIP and naturally hope for that outcome. However, trying to find the stuff is a tricky and risky business. So, what would the situation be if they would have two dusters, i.e. how much money would still be left to go on? TIA.
    wasa
    P.S. for the experts: Which well (the first or the second one) has the better chances of success (and why?). Opinions/explanations most welcome.
 
watchlist Created with Sketch. Add OIP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.