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Re: Zeev Hed post# 336694

Monday, 12/20/2004 5:28:18 PM

Monday, December 20, 2004 5:28:18 PM

Post# of 704044
Gonna have to do more studying to determine the best stocks to make this play.

I also want to look at the economics of the deeper sands and compare the technology to the California Heavy oil projects. The seminar illustrates that the bulk of the so called oil reserves are actually resources, meaning that the hydrocarbons are in place, but the technology and extraction costs are not proven and may not be economical.


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