Pennylan21 Mar 2019 16:47
Well I have never heard of the hordes of people who are apparently in the know. However, from people that do I understand that 35,000 barrels have been recovered already and the company intends to install more in the future. That is about 1,820,000 dollars at 52 to the barrel but, of course UKOG only get the larger slice of that Not bad at all and with more to be spudded in this year ! don't think that Schlumberger deliberately misled UKOG, your information from that engineer could be worth a fortune if you care to sell it to UKOG :)) Also companies such as Schlumberger only interpret the likelihood as they also put the disclaimer that it can be right but sometimes they are wrong. Indeed they are very often wrong ! I remember Broadford Bridge and not log ago Falklands Oil and Gas drilling down for the lake of oil in the South Falklands, all based upon such companies predictions. One must remember that Schlumberger can only predict, they don't know for sure until somebody drills down into it