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MktMvn

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MktMvn

Re: db7 post# 2069

Wednesday, 04/24/2019 3:51:47 PM

Wednesday, April 24, 2019 3:51:47 PM

Post# of 7918
99% probability it’s for drilling. They have been out there for months at at least $250000/day. They are either having unbelievable trouble, or will have the deepest shelf hole ever drilled. If Delek really is putting $80 million into Tau, then they are a serious company. Not what I expected - somehow I thought they would hightail it when things got tough. Course with even a small field at Tau they will get their money back. Shelf economics are truly outrageous, which is the point.
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