02-15-2014, 10:53 AM
'Thylacine-2' pid='37514' datel Wrote:We have some conflicting views here. And certainly we will resolve the situation when "the drill rigs speak". But here is a word for those who are presently making investment decisions about IOC and their decisions are influenced by prospects for the drilling program. Sometimes, particularly for those who aren't knowledgeable about the technical aspects of the oil and gas business, it comes down to relying on someone's credibility. Pet is credible. No one knows for sure what the results of the IOC drilling program will be. No one is infallible in this business. But if you are looking for someone's views to rely on, Pet is about as good as you are going to get.
Agreed, Thylacine. Probably the number one thing I was trying to express was that IMHO the information and views presented by Pet about the probabilities of success of the three wells are more credible and likely to be right than the general and perhaps outdated statistics and conclusions of 10 to 20% probabilities being repeatedly argued by Indoreservoir, seemingly without any reasonable consideration of contrary information and factors specific to IOC from others, including Pet and Dr Hession.

