RE: RE: Investor Relations Don BainI would of thought that you will simply drill on top of the oil seep as this is where the oil is coming from the ground. However what we do not know is where the source of the oil is from. So where did it originate from. You may have a series of oil seeps such as ours however the oil may originate from a fault a mile or so away. Thus the need for seismic data.
After doing some digging online with other oil seep projects throughout the world you will notice that A) Soil seeps are one of the big ways that large oil discoveries have been made and B) many of the oil seeps that led to oil were miles away from the original seepage. Check out the middle east and africa.
Today should be another interesting day!