An oil company purchased an option on land in Alaska. Preliminary geological studies showed that there is a 66% chance that there is oil under the land. After 200 feet of drilling on the first well, a soil test is made and soil type XT2 is found. Such soil is found 84% of the time when oil is present and only 37% of the time when oil is not present. Given that soil type XT2 was found, what would your new assessment of the chance that oil is present be