KKO kinetiko energy ltd

Ann: Completion First of Five Wells, Focus Shifts to Second Test, page-9

  1. 14,925 Posts.
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    One can have a strike rate above and below the long term strike rate on a small sample size for sure and then as new holes get done one tends to head towards the mean strike rate result.

    On average I stress. STX has been up and down on strike rate as has EXR so best keep the long term stats in mind for the type of thing you are doing.

    WHY your companies, stats are different from the mean, when interpreted correctly, is important. Just make sure it is not wishful thinking.


 
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