Post by
Frank007 on Mar 08, 2021 10:45am
rystad energy ...
check out its report on the sucsess rate of these wildcat wells .....in all of 2020 ..... a meer 10.6 % sucsess rate ....wow what are the odds.....
Comment by
Fuqufrank on Mar 08, 2021 11:18am
10.6 success rate for a potential x20-x30 (if you bought at 1) is amazing. But I suspect, as with all your posts this is simply FAKE NEWS The success rate is 99.999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999
Comment by
Goaweigh on Mar 08, 2021 11:56am
I'm surprised it's that high but knowing that makes this play all the better.
Comment by
GorgeousGeorge1 on Mar 08, 2021 12:05pm
That's the chance of 'commercial success' too. Chance of 'geological success' is much higher. RECO just need to get a sniff of hydrocarbons and it will make the whole basin interesting for further exploration