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Re: None

Sunday, 08/26/2007 8:50:06 AM

Sunday, August 26, 2007 8:50:06 AM

Post# of 361667
Art...its little mentions like this that capture my attention. Remember this 5/30/06 post by oily???


Posted by: oilphant
In reply to: None Date:5/30/2006 7:10:23 PM
Post #of 106395

CVX\XOM relinquish Block1, Grist for the mill.
What then Bruti?


...........followed by this link created 7/07 posted yesterday:


Joint Development Zone
•Obo 1 sub-commercial , 50 to 100 MMborange
•Revisit 11 Billion boforecasts!
•Chevron and ExxonMobil seek to dilute stake
•Block 2, 3 drilling in 2008-2009

http://energy.ihs.com/NR/rdonlyres/CD6B101F-89AC-4A57-B08B-10F95D81DD52/0/AngolaNigeriaAH.pdf

Its sad that this information gets posted and investors are more worried about Oilphant than the news itself. There were zippo discussions about CVX/XOM intentions on B-1....and many posts on Oilphant. It often pays to sit back and listen....and listening doesn't necessarily mean believing. In the above case, it appears KNOC and Oilphant have shared near identical information except oilphant was some 14 months ahead of KNOC.