Thanks. Fibonarchery.
Yes, economically viable AND successful drill work (gas or oil actually flows).
But 8% and 13%?
I thought that modern methods for 3D surveying already increased the chances of identifying reserves (close to 90%??) and it was just a matter of finding the ideal drill hole.
I was looking at 25% and 50% respectively for CINCO and DUHAT mostly due to possible technical drilling issues (leaks, pressure, etc.) but I am no expert.
Would love to hear other opinions though from more seasoned oil investors.
Thanks. Fibonarchery. Yes, economically viable AND successful...
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