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Re: RubyMartin post# 351294

Saturday, 07/09/2022 9:47:38 PM

Saturday, July 09, 2022 9:47:38 PM

Post# of 360656
"Let’s look at our portfolio. Along with our joint-venture partner, we entered the Comoros in 2012, before anyone else, and acquired three deepwater concessions. In our industry, there’s what we call “closeology”—proximity to an existing discovery is often an encouraging sign. Our Comorian assets are not far from our Prosperidade discovery in Mozambique. So for us, even though we didn’t have much geological data, it was a no-brainer."


"NO-BRAINER"

Read the article from McKinsey, probably the most respected consulting firm in the world on the highly successful founders of Cove Energy

https://www.mckinsey.com/industries/oil-and-gas/our-insights/a-new-approach-to-oil-and-gas-exploration

If EEZ block six has billions of barrels and it's a few miles away from block four and has similar geological characteristics and based on "closeology" it will be worth more money than any of us have ever seen and that includes oldoil. smile

While I'm not a Biden person in fact I think all politicians are ^@*@...you're going to have to explain your comment please on how "Biden" halted trading in this stock. smile

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