Can any expert Geos provide a rough calculation of the kinds of techniques and their typical costs if oil is indeed extractable from JW?
Obviously, more freely flowing oil would have permitted easier/less costly extraction.
But now, if recalculations for more complex/costly extraction methods are necessary, which can then be weighed against current oil prices and profit margins...
then what does the picture look like? I haven't given up on JW1, but don't have the knowledge to judge if/when I should, so any advice/expertise is appreciated.
CTP Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held
