I have to admit they have a great batting average as Scottport alluded to. 40 to 50% success rate that is great when you are talking O&G.
The reason why people are still willing to buy and the SP has not died is the drilling schedule, I have mentioned this before - in all my years I have not come acrossmany speccie's with a drilling schedule like this one, finishes one and another starts or 2 drilling at the same time. Also the other great thing is no need for CR as we are a speccie explorer with wells in production - rare.
Anyway onwards and upwards with the next 3 to 5 wells.
Good Luck All Bob
GGE Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
