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CobraJet

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CobraJet

Re: oil-cowboy post# 167560

Wednesday, 06/24/2009 7:49:32 AM

Wednesday, June 24, 2009 7:49:32 AM

Post# of 361806
I agree. Doesn't sound very Confucius-like. I know a bird in the hand is worth two in the bush but they don't even know what bush they're looking at!

Could there be some kind of 'tier' arrangement? By that I mean the price goes up/down depending upon how many bbls are determined there is to be. In B2, 275mmbl are expected and the sp would be pro-rated by, say every 10mmbbl, from the $52.xx price?

Just speculating.
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