02-12-2014, 11:01 PM
The good news about the drilling is that if we the exploration wells all turn out duds per three reservoir engineering reports we have enough for a 2 train LNG plant. Alas that's why Total struck the deal they did.
Note the exact amount of gas is to be firmed up.
In my opinion it's best to look at the track record of
the team of Interoils drilling team . They found assets where others gave up
and that includes two Super Majors .So measuring future success of wells against averages of
bunches of losers including Super Major drilling teams makes no sense.
It's best to measure the success of this drilling team against its own
track record . For whatever reason this team sees things others miss.
Until proven differently this team to have their handicap ratio
better than 10-20 percent
Note the exact amount of gas is to be firmed up.
In my opinion it's best to look at the track record of
the team of Interoils drilling team . They found assets where others gave up
and that includes two Super Majors .So measuring future success of wells against averages of
bunches of losers including Super Major drilling teams makes no sense.
It's best to measure the success of this drilling team against its own
track record . For whatever reason this team sees things others miss.
Until proven differently this team to have their handicap ratio
better than 10-20 percent