GREY:RGVNF - Post by User
Comment by
stocktalk2on Sep 01, 2010 11:21am
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Post# 17404035
RE: RE: Latest Rumors, DD
RE: RE: Latest Rumors, DDRed, while I agree with you regarding the level of trust here, the fact is that you always want to be "higher" or up structure, or, as they put it, up dip, in the formation. There are numerous technical reasons for this which I do not have the time to go into, but if you know any geologists ( in the oil and gas business ), I'm sure they will explain the reasons very clearly. What I will say is that this applies to all formations, higher is better.
Now let's see some production tests on the first well so we know what we are looking at.