"Our multi-decade database and learning curves gives us a huge advantage in identifying the best rock to add new and better drilling potential to the company," said EOG Chairman and CEO Bill Thomas.
(from article behind paywall)
The question is as before ... since FPL has been using this "technology" for the drilling program thus far (i.e. including Magellan, Columbus and Marco Polo) how come the only 1 was oil and 2 were gas? Geosteering is also very important. Got to keep the drillbit in the pay zone and since this is conventional you've got to hit the right traps so to speak.
Good luck.
FPL Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held