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Re: oil-cowboy post# 287790

Wednesday, 06/04/2014 12:42:33 PM

Wednesday, June 04, 2014 12:42:33 PM

Post# of 363130
I think my previous post was thinking aloud. I had too much time on my hands this morning and probably should have kept my thoughts to myself! I was just reminding all of us that this is not a sure thing.

I truly believed that the JDZ was a sure thing. At the time when the first of our five JDZ wells was spudded (2009), I had a chance encounter with a geologist working in Africa. I excitedly told him about our JDZ wells and he expressed caution. I will never forget how resentful I felt about his comments - How could he say that our wells could possibly be non-commercial?

So when Southern Man mentioned that he was concerned that 2D might not generate ANY prospects, I did a little research. Kenya's National Oil Company comments on their own website that years ago, "In Mandera Basin, Frobisher Ltd., Adobe Oil Company and Burmah Oil Company conducted photo geological field geology, gravity, aeromagnetic and seismic surveys that did not materialize into drilling programs." The point is that maybe we shouldn't necessarily assume that there are going to be a lot of prospects generated with the 2D this summer.

No one wants our current program to be a blazing success more than me. I have almost a half million shares and am always at the ready to buy more.

Good Luck to ALL of us!!!