Almost 90% lose all their money - unfortunately they linger on various BBs to vent their spleen, and cause annoyance to serious investors - best ignored.
Yes, for an appraisal well, perhaps, but I've seen a lot worse! It normally indicates a bit of slackness, but if the problems are well originated - then it looks good.
Chin up - there is a great pipeline infrastructure, wells there, even now, to produce for the next 20 years and beyond.
That is just the start with many other deals to come to fruition.