3 out of 7

[petrengr1]

From transcript:  "Now, of course, we would like every exploration well to come in. But as we push into new and more frontier areas in our licenses, that is statistically improbable. The typical strike rate for a global exploration is about one success for every 10 wells. In the Gulf region, which is underexplored, we have a strong success rate having found gas with three of the seven wells we have drilled."

Question:  If we have had 4 "no-discovery" wells as Hession states, which ones are they ?   ELK-2 plus ... ???   Is he going way back in history ?

The exploration wells that IOC has drilled are :
1. Moose-1
2. Moose-2
3. Sterling Mustang-1
4. Black Bass-1
5. Triceratops-1
6. Elk-1
7. Elk-4A (Discovered Antelope by accident)
8. Triceratops-2 (This well should have been called an appraisal well based on the 1959 Bwata-1 discovery but since IOC and their drilling partners had drilled Triceratops-1 as an exploration well and called it a dry hole, Triceratops-2 was called an exploration well.

Elk-2 was a dry hole but it was an appraisal well to follow up the Elk-1 discovery. Elk-3 has not yet been drilled.

Now drilling:
9. Bobcat-1
10. Wahoo-1
11. Raptor-1

This may not be perfect but it is pretty close.