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25 cents, page-17

  1. Dino
    544 Posts.
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    31/10/11
    19:53
    Post #: 9220460
    Correct oz_soarer you are spot on.

    P10,P50,P90 has nothing to do with chance of success.

    the $1/barrel figure i used was for "contingent resources"

    Prospective resources would obviously be alot less, they have to atleast have evidence that hydrocarbons exist with an effective trap.
    QFY Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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