Wednesday, April 28, 2010 1:05:26 PM
Like most of the investors here, I'm trying to sort out the info released at the SH meeting yesterday and appreciate reports like yours on conversations, etc.
What has me most puzzled right now are seemingly conflicting reports on the nature of the gas found. Some say it is wet gas/condensate, like your source. Others say it it biogenic or dry gas. The trascript I believe specifically mentioined biogenic gas.
My web search (I'm not an oil industry person) seems to indicate that that biogenic gas isn't associated with condensate gas and is less likely be associated with oil deposits(not good). That said, bigenic gas doesn't appear to be an across the board indicator, either.
Anyway, are you able to go to your contact that attended and get more info on Grala's comments on condensate gas vs biogenic?
I value your opinions and thank you in advance for what you can pass on.
Best,
dat
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