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Re: DewDiligence post# 13838

Tuesday, 12/20/2016 10:02:13 PM

Tuesday, December 20, 2016 10:02:13 PM

Post# of 29408
Probably saving them from wasting capital. In one article I read about this, the highest bid for one the arctic region blocks was $870K. LOL. They may as well play the powerball. BP is with it's recent purchases show the lower risk path to gain sizable reserves. If they teally want to take risks, Pemex is due to make availabe GOM blocks close to existing infrastructure.

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