CIG 0.00% 6.0¢ caspian oil & gas limited

Ann: West Mailisu No 2 well update , page-4

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  1. 17,248 Posts.
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    torente,as I stated previously,with only anodotel evidence and no emperical evidence to support my theory (because thats all it is),I have noticed that other oilers through previous wells drilled, that the total oil column when devided by 2 somehow comes close to the eventual oil able to be lifted.
    After all you cant drain it dry,industry standard recovery rates are what?
    I prefaced my post with my calcs only and in no way suggest I'll be on the money,if were lucky and have oil I wont be surprised however,if its close to my figure,but please do your own calculations.
    As I stated at the end, Ill be happy with one million barrels.

    Raider
 
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