'calvin grad' pid='44800' datel Wrote:I doubt Dr Mike would allow the article to be posted if he knew Wahoo was bad news or if he knew that it was likely to be bad news. By posting it on their website they are giving the article some credence.
Since there seems to be no leaks about drilling results it must be that information is closely gurded and serious consequences for violators.
i got to believe that Dr Mike and his advisers, probably their accounting firm, approved of the message
The article can be interpreted any way you choose. It clearly states Hession's comment that only 10% of wildcat wells are successful and he wants to make sure expectations are realistic - so that would support a "dry hole" result. It also says that the word from the north (note: not the company lol) is that Wahoo-1 is looking very exciting indeed - so that supports a great successful find. Pick whichever paragraph of the article you want - both sides of the result spectrum have been covered.
We just don't know... yet 