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Re: ponzi_implosion post# 207998

Wednesday, 03/31/2010 11:58:00 AM

Wednesday, March 31, 2010 11:58:00 AM

Post# of 361695
It's fair to say we won't know how much the JDZ development would cost. However, it's also possible that JDZ Blocks 1 through 4 will contain more recoverable BOE than AKPO. Furthermore, as an example, 1 billion barrels of oil at a future oil price of $125 yields $125B. Yes, there are taxes and development costs, but that still leaves a HUGE profit potential IMO.

Mike
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