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Tuesday, June 19, 2007 12:37:32 AM
My guess is more than one well. And the fact that they did not drill in one of the 13 major prospects very interesting. "3.8 billion barrels unrisked" "1.2 risked."
CVX stonewalled for the obvious reasons. Won't matter much next year. The amount of oil in the JDZ is going to astound people when the truth comes out over the next few years. My opinion based on everything I've read over the past few years.
The risk seems to me to be if ERHE is undersold or screwed out of it's very impressive holdings in the JDZ.
And the EEZ, because of higher percentages, may be worth more.
Back to waiting it out.
db
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