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

To: cite who wrote (7497)2/21/1998 4:26:00 PM
From: OILRX  Read Replies (3) | Respond to of 11888
 
Layman's terms..

52% water is too high. Probably like 10% (AND IT MAY NOT EVEN BE MOBILE), leaving 90% oil.
If the (oil) recovery factor is 20% (conservative), I'd rather have 20% of 90% than 20% of 48% in my stock tanks.

90% oil saturation will need less thickness and acreage to make
money then 48% oil saturation.

Hope this clears things a little.


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