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Post# of 18778
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tryoty

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tryoty

Re: seek the light post# 8628

Sunday, 05/29/2016 10:40:12 AM

Sunday, May 29, 2016 10:40:12 AM

Post# of 18778
WTF????

"i remember a few years ago that in Kenya unproven estimates based on 2D were thought to be worth $1.50/barrel. I would be very happy if the number now would be .50 cents/barrel on the Kenya block if the First well proved to be productive."

So you are saying that you would be happy if PROVEN RESERVES are worth a fraction of UNPROVEN ESTIMATES?????????

Have you lost your mind or did you mistype that?

Proven reserves will, by definition, always be worth much much more than any estimates... Always and much much more... always.

People maintain anonymity for a reason and it is rarely noble.

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