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Message: Look !!! We Agree !!!
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Bing, it’s great that we both agree, that Dwayne hired some very good people.

Exploration drilling is very risky, with success only coming about 20 % of the time – see we’re also close on that point.

Once a reservoir has been discovered, developmental drilling is done to prove out the size and characteristics of the find. With four wells in a box sharp pattern and one in the middle - that close together, the reservoir has been defined, and the success per well is greater than 80%.

What is also inherent in this point is that MEO’s experts will and DO Know what has been found. No professional in the oil and gas industry would spend $30-$40 million on 21 exploration wells, but they would on 21 development wells into the Copper Ridge.

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