Wednesday, October 15, 2014 4:31:29 PM
To be fair Taipan has 2 blocks with some difference in basins,like ERHC has in Chad (2 basins).If 2B isn't a winner then Block 1 with Afren might be...so there is another go at it,unlike ERHC in Kenya. There is no question that ERHC has more diversification,but Taipan is nicely prospective in B2 and B1,IMO better than ERHC. Taipan got into Kenya through Lion Petroleum, and got to pick their Block much earlier than ERHC. I don't want to argue about which company is better to be invested in ...as I am in both...They are both a risk I am willing to take.
Cheers
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