Falkland Oil & Gas - Re: FOGL Stream Log - A wildcat well,has a 10%...

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21:29 29/10/2015

A wildcat well,has a 10% chance of success. Does humpbacks crude oil and gas discovery sound like 10% success to you? Nobel knows the basement level for 100 miles of ancient lake oil reservoirs, all connected, true the channels may be narrow, but there connected, by alignment, same evolution of aging as you move east from humpback. Every ancient lake ,oil reservoir is older as you move toward the Herslia fan, starfish, etc. the starfish in the Herslia fan will be 4 or 5 million years older then humpback. Oilmen know old or younger oil, I don't. My geology gives me nothing, it's my 44 years of research that tell me the ancient lakes moved east with the movement of the Scotia Sea structure. I knew there would be crude oil, but I can't predict quality. I'm like the poker player with a could hand, they loose the most money with that confidence. I got burned.

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