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2.08% 4.9¢ central petroleum limited

johnstone misinformation, page-8

  1. brickworks
    864 Posts.
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    29/06/09
    07:22
    Post #: 5332994
    CamdenBob,
    That would mean you have a 10% chance with the first well and 0% chance with subsequent wells. Might as well drill just one then.

    Drilling more wells increases the odds of finding oil.
    CTP Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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