FAR 1.02% 49.5¢ far limited

farmin with cairn in senegal, page-43

  1. 19,172 Posts.
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    Cheetah.

    Guesstimate really and a pretty conservative one I reckon.

    Most exploration wells carry an industry expectation of a 10% chance of success.

    Given the available seismic data and general success in this scorching hot area, I figure 15% is probably on the light side.

    Zero actual expertise here though so happy to be corrected by those who actually know what they're talking about.

    Over to you Plugged.


    Gottabigweekahead...
 
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