why is it going nuts, page-43

Nini,

For your mnformation, so you bring something educated to the forum, as opposed to "my broker said its one wildcat well and probably a dud".
Sorry, pls tell your broker we found it hilarious, and give him this quote regarding the Sydney Basin - at depth, Browse Basin yeilds:


"“A recent review of more than 850 wildcat wells –
all drilled after geochemical surveys finds that
79% of wells drilled in positive anomalies
resulted in commercial oil and gas discoveries”
D. Schumacher".


850 wildcat wells....now that broker of yours needs to stop losing himself money by doing some reading. Sorry he gave you such a negligent summary - it was almost entirely neglectful in fact and i would be very concerned about him, not the company with 850 wildcats and 16Trillion Cubis Feet at P50.

Cheers,

Lautrec