Vertical vs horizontal wells is not the same as conventional and non conventional oil, but keep arguing as you simply are proving you have no idea.
As for the USD 400,000 drilling costs , you do realise that its costs you so much more when you add in the time these clowns take to complete the wells. Last year the spent 5 m plus to drill three wells that cost 500k each. You do the maths.
Junior - the truth is I am happy to sit back and let the market teach you a lesson . As it is in life, people don't value advice that is free. One has to pay to value it and you will pay and the market will act as your teacher
FPL Price at posting:
2.5¢ Sentiment: None Disclosure: Not Held