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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: DEER HUNTER who wrote (6728)	1/18/1998 2:07:00 PM
From: qdog	Respond to of 11888

Primarily, it's based on speculation on available data such as siesmic. This data can't precisely give you a definitive amount. It's better to error on the lowside than the highside, but that is a bit misleading. It's presuming that there is a strucuture that physically contains the proper pororisty and permeability to support a resivoir. I've seen plenty of area's that predict the "potential" of containing X amounts of oil. It all part of the long process of determining where to sink the money, er, drill the well.