RIA 0.00% 3.3¢ rialto energy limited

Here is an example of how we can misinterpret things( me...

  1. 20,405 Posts.
    lightbulb Created with Sketch. 1990
    Here is an example of how we can misinterpret things( me included )
    If I said we have a pay zone of 6 meters on Gazelle 3 - would you declare it a failure.
    Gazelle 2 flowed 37 mcf and 370 bopd from 2460-2466 . Six meters. I think that says it all. The pay zones range in size but you can have a 6 meter zone flowing at 37mcf , a 50 meter zone at 39 and a 300 meter zone at 24 mcf
    I have posted this to reinforce the view - next Tuesday we will have 2 nd derisking news - reserviors that have , are or will be tested but the clincher will be flow rates
    I have asked myself time and time again am I being subjective - well I figure if I am unlucky enough to invest in a company that drills a duster in a field were all previous 5 previous wells drillined have yielded 5 discoveries and successful flow tests - well then it's meant to be
 
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