Share
clock Created with Sketch.
21/06/14
20:09
Share
Originally posted by ameliustag
↑
For all its worth, said and done my opinion (for what its worth) is that there is oil but where is it?
So to say our chances are 21% is really excellent considering there has been no commercial finds whatsoever in Morocco.
So sounds very confusing perhaps?
Supposedly the probability of a strike is HIGH since the connection IS with discoveries on the other side of the Atlantic. What 4000km away? Yes , but 200 million years the continents were joined but continental drift did its bit to move these apart. So lets say that gives Tarafaya a 5% chance of oil by association of continents,
Next up to 2-3 wells in close proximity to Tarafaya say there is some oil there. Give this another 15 % for connected proximity.
So that leaves 1 % for good luck and there you have 21%
Actually these probability numbers mean nothing.
Once they hit the 4 dip peak. The results should be quite interesting,
Apparently the seismics -so they say are fanatastic, so anything is possible if the supposed discovery is made. Great week ahead anyways with more hyping speculation.
Well worth the gamble for all its worth.
Expand
It's like the game deal or no deal. 6 cases left and we still have the $50k, the $75k and the $200k left in play. The $200k is trident. The bank is offering you 27c.
I say NO DEAL!!!!