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marnice,Yes I did say that...none of these companies recouped...

  1. Shrewd Crude
    4,559 Posts.
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    13/11/07
    12:55
    Post #: 2999712
    marnice,
    Yes I did say that...
    none of these companies recouped back the losses they incurred in drilling and pre drill appraisal...all the majors ended with NPV projects Far less than zero... which, yes is a failure...
    discovery dont mean jack, if you cant produce the stuff mate...
    same applys to range...
    cheers...
    RRS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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