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Re: midtieroil post# 5686

Wednesday, 07/22/2009 11:40:56 AM

Wednesday, July 22, 2009 11:40:56 AM

Post# of 10911
Midtier,

I didn't get a chance to read your deleted posts about well logs but I for one, appreciate a healthy challenge if it is done respectfully. Many times I agree with your reality check posts but sometimes it seems you go to the opposite extremes of the hype or dreamer posts (not always though).

I am heavily leaning towards oilphant finally blowing a gasket in the past few days though.

Here is my reality check:

First, the only official timeline we have on rigs to be drilling in the JDZ blocks is mid-August (if I recall correctly). Someone with a little more credibility stated that the Sedco has arrived yesterday or the day before. I give a slight possibility of that being true. Where it is getting extreme is the oily posts of drilling depths and what they hit..... ok, you've got to be kidding me for people to believe that! I have never been on a drilling rig but it has to take at least several days just to get anchored and ready to drill. Then, it's in at least 1 mile of water depth before hitting the ocean floor. What's that? another week or two to get to the floor?

PLEASE don't turn this into a pure comedy act.

I am still patiently waiting for the first rig to arrive in Mid August. I will be happy with that. I am hoping for news by Mid October.

Good Luck All

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