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Market Proxy

An estimate of the value the share market would ascribe to a business based on an assumption that, over time, Cash Returns fade of the Cost of Capital.

Millidarcy

Unit of measure of permeability (flow property) of rocks.

Methanol

Also known as wood alcohol or methyl alcohol (CH3OH).

Mud Log

A progressive analysis of the well bore cuttings and mud circulated up from the bottom of the hole.

Multiple Completion

The completion of a single well in more than one producing horizon.

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