SSN 0.00% 1.5¢ samson oil & gas limited

Just trying to get my head around this drilling for oil gig, 40...

  1. 436 Posts.
    Just trying to get my head around this drilling for oil gig, 40 t0 80 yrs ago crews would drill down in hope of hitting a pressurized pool of oil & if successful a spout of very black oil would create much excitement & wealth for the owners, that
    type of success is not seen any more, only Fracking which appears to be very hit & miss. I think those bygone years were called Wildcatting & I suppose only 1 in 100 holes drilled were successful & very similar to whats happening today. Just some idle thoughts -- Xmas Cheers All.
 
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