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Gold/Mining/Energy : Canadian Partners in Project Ekho
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To: stan_hughes who wrote (309)11/2/2000 12:14:03 AM
From: GerPol   of 311
 
Stan,

"that would take all the fun out of it, wouldn't it?"

I don't know how to say this in few words.....NOOOO !<<<ggg>>>

To All,

I don't want to specialize I want to generalize <g> I would imagine that for every BBL of oil in the ground has an estimated value considering all perimeters, there must be a $# at point of exit! Remember we are looking for a yardstick here not a forensic accounting! We already know that wells drilled in ELH at 20000 ft cost 10 mil and are subject to unforeseen events. However this is not typical and may require more history before reliable "yardsticks" can be employed but 10,ooo ft wells are well documented and stats. Should be readily available.

Gerry
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