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Re: Gumpstein post# 9759

Wednesday, 01/10/2018 10:43:52 AM

Wednesday, January 10, 2018 10:43:52 AM

Post# of 25836
Hey gump,

Belated happy new year's.

There's a grim reality here and I'll see if i can spell it out...

1. I believe we're on the wrong side of the Oil Fairway.
2. all the 2D and 3D, the poring-over and analyzing and reanalyzing, bringing in outside experts - what happens? they come up with a couple of dusters....
3. HENC goes into hibernation - delists and just waits it out until the next drilling date.
4. TChauncy disappears.

AND, the most damning event (ignored by everyone here)....

5. Claren goes to Romania and commits assets there instead of concentrating on the Aussie PELs. Some will argue that Claren was looking to diversify --- phoooey! I'm calling a spade a spade.

All these add up to a couple of barren PELs.