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unrisked?

  1. ocracoke
    1,268 Posts.
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    11/01/11
    15:56
    Post #: 7717628
    Would someone please explain what "Unrisked" means? They definately have a P-1 reserve? No! They don't even have a P-3 reserve. No wells drilled yet! Having spent 25 years in oil exploration, NOTHING comes without risk. If they have "unrisked" 2.05 barrels in ground, at aprox $90.00 a barrel, why haven't the big boys raced in? Capping and accumulating I suppose.
    RRS Price at posting: 12.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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