InvestorsHub Logo
Followers 51
Posts 13754
Boards Moderated 0
Alias Born 07/12/2008

Re: manuel06 post# 298480

Friday, 02/27/2015 12:22:14 PM

Friday, February 27, 2015 12:22:14 PM

Post# of 361036
We don't have Tullow's models but maybe that is why CEPSA got into that other block and then left. They may have gotten what they wanted. Tullow was certainly on a hot streak for a while. Everything they touched was turning to gold. But, like in gambling, hot streaks usually end. I believe that has now happened to Tullow.

I do think the 25% is an accurate number for the type of well ERHC will be drilling. It might vary a little bit to somewhere between 20-33% but it is definitely in that range. Those 70% numbers are ridiculous.