Biotech Values

[DewDiligence]

Another example of the egregious lack of copy
editing at the WSJ/Dow Jones Newswires:

http://online.wsj.com/article/SB124584068908746803.html

Sinopec is looking to build on its 2.8 billion barrels of proven reserves by adding to its portfolio Addax's 536 million-plus barrels of proved and probable reserves. Addax averaged production of 136.5 million barrels a day last year.

I don’t think so inasmuch as 136 million barrels/day is about 50% more than the total worldwide production of oil from all sources!! (See #msg-38694757.)

Thanks to ‘old man’ on the Natural Resources Stocks board for this find (#msg-39012107).