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Old 03-03-2006, 12:52 AM  
WiredGuy
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Join Date: Aug 2002
Location: Canada
Posts: 34,490
Quote:
Originally Posted by p1mpdogg
company name is reef and black diamond drilling

you buy units at 12.5k a pop

reef for example drills in wyoming 50 wells they operate

if they hit a big pocket, you make a shitload of money, if they strike out its gone

but its 80% writeoff

They have any kind of probabilities into the odds of hitting a pocket?
WG
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