TSXV:CART.H - Post by User
Comment by
MiningMasterAuon Oct 11, 2019 12:26pm
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Post# 30222432
RE:RE:RE:RE:RE:RE:New video on drilling
RE:RE:RE:RE:RE:RE:New video on drilling and that's 71% based on ALL 3,200 NAFTA wells which were drilled across Slovakia. Given that NAFTA made a grand entrance into Ukraine, I think our odds are even better on the Eastern Slovakia/West Ukraine front.
loubastone wrote: So chances are we are going to hit for sure, just a matter of how much? 71% success rate is great and man this play gets better and better...where can you find this much upside and its not a pump?
MiningMasterAu wrote: I also agree. Would be embarrassing for a multi billion dollar company to be promoting this new entry into Ukraine and hit a bunch of dry wells, especially given their track record. Was on the NAFTA site yesterday and they've drilled 3,200 wells with a 71% success rate overall. That means we should at least hit 2/3 on these new ones. Then we also have the East well starting shortly.