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Timothy Smith

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Timothy Smith

Re: DewDiligence post# 391

Tuesday, 08/18/2015 9:55:18 AM

Tuesday, August 18, 2015 9:55:18 AM

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It is my opinion that the economics are very challenged at these levels. Heck maybe even at $60 levels. However this project would take years to get fully developed and big oil is always planning years in advance or in this case to be ready for a rebound in prices. That said there have been reports of some off shore leases expected to expire, although I don't recall of any were related to $RDS.A.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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