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Graves: one dry hole doesn't destroy Toreador's potential.(Toreador Resources Corp.)(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-JAN-06 Author: Haines, Leslie |
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COPYRIGHT 2006 Hart Publications, Inc.
Small-cap E&P companies drilling internationally are often judged--or misjudged--on one or two key wells being drilled, and this neglects the bigger picture.
"It's amusing to see how we are punished for one dry hole that condemned only 1,500 acres of a 962,000-acre position we have offshore Turkey. Companies do...
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