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Post# of 363237
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Nightdaytrader

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Nightdaytrader

Re: balance_builder post# 57459

Sunday, 06/04/2006 11:10:40 AM

Sunday, June 04, 2006 11:10:40 AM

Post# of 363237
Balance, I guess the other thing I wonder about is the technical capabilities of Addax and Sinopec. Have they ever drilled and produced oil in water this deep? Could Addax potentially drill a few wells, then sell out to XOM or somebody else? Maybe that's their plan...... Anyway, I really don't know.... I've just been wondering about the technical challenges and obviously, the major costs necessary to produce oil in water of this depth.....

thanks,
ND9
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