EGO 0.00% 12.0¢ empire oil & gas nl

Wabbit The board have said... The well has an estimated (est by...

  1. 2,919 Posts.
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    Wabbit

    The board have said...

    The well has an estimated (est by RISC) 10.7 PJ

    They have also said the drill results exceeded pre drill expectations

    Since the down hole issues the estimates have been reduced to 7 PJ

    Unless the board are lying to us, the hole was a DUD before we even drilled it. Unless they are continuing to lie to us the well is most certainly now a DUD.

    This is by the boards own estimation: Not mine!
 
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