EPR 0.00% 0.7¢ essential petroleum resources limited

update soon, page-18

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    thanks, Although 3D does not remove all exploration risk, it generally improves success rates and productive wells will more often be on optimal locations and should deliver better production and exhibit slightly longer life. One client who recently recorded a 3D over a well developed pool stated that six to ten of the dry holes associated with pool development would obviously not have been drilled if the 3D data was available prior to drilling. The costs of a 3D program may seem high, but the above figures indicate that exploration and development efficiency can be considerably enhanced by knowledgeable application of the 3D method, interesting article,worth the read.
    if beach are ready to drill after spending large amounts , they would expect a favorable outcome to justify the costs involved.

    http://www.google.com.au/search?rlz=1T4TSHB_enAU279AU294&hl=en&q=costs+involved+for+3d+seismecs&btnG=Google+Search&meta=



 
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