With my humble non-energy geotechnical engineering experience, i would like to humbly point out that the expenses involved with marine drills can cost about 5 times more than landbased bores. The 32% probability is something I am abit worried on top of the expenses involved in drilling & let alone harvesting this field. Just a thought.
But looking at flip side, with today's technology, the barrier of impossibilities for sure can be tried & calculated.
In MHO i do believe this is worth the risk involved as I am holding to MOG..
MEO Price at posting:
63.0¢ Sentiment: None Disclosure: Held