CVN 3.13% 15.5¢ carnarvon energy limited

Ann: Buffalo-10 Drilling Update, page-61

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  1. 3,411 Posts.
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    I do like RISC's estimate of probability of development at 86%. Can we assume this is RISC's estimate of the likelihood the attic oil is there, the quantity, quality, and development?

    No , it means if the oil is found and is economic to extract THEN the probability of the project proceeding is 86%
 
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