GREY:BEEHF - Post by User
Post by
horizontalfracon Feb 27, 2013 3:12pm
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Post# 21050522
mining for oil
mining for oilPretty quit out there, so heres my 2 cents. Ask any miner where new gold is and he will say in an old deposit. Between 1934 to 1993 there has been 2676 wells drilled in turkey, 77% of these in SE turkek( aee properties inclusive) , that = 2060 wells. Of these only about 60% or so are succesful ( couldn t find much data on good wells) and that leaves approx 1236 wells. As you can see all these wells are pre any existing fracing company in turkey per TPOA, fracing is just starting in turkey. GPY shows shale is promenent thrughout aee properties and aee states twelve ajacent wells all have shale in them. Now if we can crack the code on this shale deposit we will know where to find black gold, under an old deposit>