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Re: redinvest post# 181385

Monday, 10/05/2009 12:47:40 PM

Monday, October 05, 2009 12:47:40 PM

Post# of 361171
"SEO won't allow the DP to move on without taking a good look, even if it's just one look, at the meandering channel, the deeper reservior."

Exactly my thinking as well. How could any clear thinking person ever consider a buyout or any other type of deal based on just the "target" depth drilling, if there is a possibility of an underlying channel at lower depths. It just makes perfect sense to go confirm it now rather than later. Especially if there is a possible sale of assets. He would have to rule out the possiblility of a huge field at lower depths or else risk leaving a billion on the table.

Strass - The longer on site the better. Keep'em drilling

Be courteous to all, but intimate with few; and let those few be well tried before you give them your confidence.
George Washington