SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (73066)4/27/2006 5:18:23 AM
From: John Carragher  Read Replies (1) | Respond to of 94695
 
not familiar with locating. proven is test wells that have produced gas or oil and from flow determine size of reserves.

locating maybe from various rock formations, tech machines past experience where they expect to find reserves...

I remember back in 70's oil industry thought millions of gallons of oil off georga's banks.. it proved to be a bust after several years of drilling. they found some oil but nothing at a flow to be productive.