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Mark, thank you....eom
AA, I know what it cost in $ and time to provide info to the board.... it is appreciated, any news or info helps...it is easy to see that you aren't a pump and dumper, you like many of us see the potential....if people would graciously accept the information and then privately filter it and provide corresponding or contradictory info...then we get somewhere...again thanks for your efforts...
New paradyms?...Total subleases rig to cvx/xom or total has a slice of the pie on a farm in in 1 or maybe Total is now in on block of highest operator bidder for the rig...gee wish I had leased the rig for two years!
Where does it say that a JDA rep is always on the rig...the contracts only state that full disclosure is required after drilling...which CVX has NOT done to date
Is it sweeter for cvx or for erhc... is it sweeter in 1 or in 2...I guess it depends on who is looking or tasteing...always fun..please do not let up oilphant...
How much money does it take to stay quiet....how much in africa?
Yeah, cvx punched only one hole, and must "return" to drill a couple of more in a couple of months......OILPHANT is correct...more than one whole drilled in block one already...cvx blowing smoke up backside of STP
OBO 1 drill ship was Deepwater DISCOVERY not DEEPSEAS and USGOM means the gulf of Mexico...thanks for the DD and sharing with the board
AA, many read and appreciate all info on this board...those that get upset with the bits and pieces they are graciously given by those like you who choose to share are stone cold idiots.....
Terminating the contract will in effect disrupt all JDA agreements and at that point...nigeria will do some serious booty kicking on this impotent island nation...stp will lose all including their eez
Mark, thanks for your efforts...once again the info is consitent with what you heard last week or the week before. I know who you are talking to and that individual has always been a man of integrity, at least in my dealings with him. Two thing for the board to remember:
This is still the JDZ and this is an historic venture, never having been accomplished before, two-nations negotiating the use of natural resources without bloodshed. and
WE ARE Still on African time.
To me the most critical element is the deepwater rig shortage...again, thanks Mark
If we could now get the stock out of the hands of the MM,s we would be better off...
Planned take down...after selling .40 shares at .55, the MM's want them back for .5 or less ...they make it going up they make it going down....they just need YOUR shares to make the money....
24750 always combined with a 250 to make 25000 x 4 =100k
Mark, your updates are invaluable...I for one do not hold you to time frames because of where the info comes from....the saddest man in all of africa is a watch salesman.
Mark, pretty sure I know which EU source you are talking about, and I am not surprised you know more than he does, but because of your call, he will have something to say later...again, much thanks for your efforts and we heard it from you first!
Are you sure that isn't a report out of New Orleans
The guys can not and have not died in vain....the other guys that need prayer are the Iraqies that also keep stepping up to the plate to put on police and military uniforms to try and secure a new way of life...their histories have not been written yet.
mark ,thanks...hope you saw my postearlier today
I never said I posted the info of the calls, only said I called on same day and got same info... posted a couple of times on EF prior to rebids...I knew of rebids before barry Morgan did, because I called him after calling JDA and he knew nothing of it...his info at that time was not as accurate as marks...I mainly lurk, but marks info is the real deal when you factor in african time
Pre-awards, I was calling the JDA on the same days that mark was and receiving the same info...I quit because of the cost...when mark post I know who he has talked with and understand the information in light of the culture from which the information comes...mark thanks for all of the $ you have invested and not gotten shares
He has spent more money than any of us on phone calls.....we rely on him to spend his money and then tell us...what does that make us? HUMMMMMMMMM?
Sorry to pester you Pup, but was that for an exploritory well or for a revenue producing well?
Pup, thank you for the info...able to get that info, then do you know any more details on OBO1 than what CVX reported...and did that one hole suffice some jda requirments for the operating agreement?...thanks
Homeport could you try Malabo, please.....
Got no connection with the Malabo office.... got only Busy signals at the africa headquarters...some one has to know some one working on the rig....called transocean houston, and no info there...eom
It would seem illogical to let go of one of the only deep water rigs anywhere in the world in Aug. and not verify what one hole shows....there is no way that they would punch one hole in a field where they have only one block and leave wondering what they had.......logic rules in the petro world
CVX has had Transoceans' Deepwater discovery rig since Jan. 15 and will have it until aug.......The first hole was punched in 60 days and it has now been 60 days since that hole was punched...what the heck has the rig been doing since then....@$150+K per day,you know it's doing something!.....there ain't no way the second hole has NOT been punched and a third one being drilled at this time...somebody in Houston knows somebody who knows what is going on......!