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Re: None

Saturday, 10/27/2007 12:52:53 PM

Saturday, October 27, 2007 12:52:53 PM

Post# of 361132
someone asked why erhe wasn't being bought out
well, the majors only want real reserves, that's why
for example, oilexco is producing 30,000 bbls/day in the north sea but isn't being bought out yet cause they haven't finished drilling ptarmgian, shelley, and huntington- once they do this and production = 100,000 bbls/day i would expect a buy out- so production and reserves must be proven before big oil makes a move