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mrogop

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mrogop

Re: Stay the Course post# 168371

Friday, 06/26/2009 1:43:58 PM

Friday, June 26, 2009 1:43:58 PM

Post# of 361984
STC

actually it is a quite simple exercise....search original estimates of reserves on some mature major field discoveries and compare those to actual production and current remaining recoverable (proved reserves) plus Proven undeveloped reserves which are given a standard haircut. you will find they exceed the original estimates in, virtually, every case..
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