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Re: spp119 post# 186923

Friday, 11/20/2009 6:39:15 PM

Friday, November 20, 2009 6:39:15 PM

Post# of 367090
spp119... Nice answer. Thank you very much for your informations!
We should not forget: Commercial discoveries will be commercial, regardless of gas or oil or condensate.
What's the difference between having more than 2 Tcf (NG) or more than 340 Mboe (oil) in our books?
There will be no difference and the SP will go up a lot in both cases.
Having only oil without any gas (I don't know if this is even possible), would have been really bad.
But with huge amounts of gas and possibly enough oil to make it too commercial, all is well!
We are still golden, gaseous golden! (LOL)
GLTY, Claude Alain
Long & strong ERHE
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