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Wednesday, May 19, 2010 6:16:22 PM
Thanks to EEL's Mr. Keyerspace (sp?)....
http://cid-fcb3751ea9aacc42.skydrive.live.com/self.aspx/Equator%20Exploration/Equator%20Conference%20Call%20April%202010.mp3
My notes for those who don't wnat to listen...
Good stuff starts about 10:30 and especially on BOMU at 11:30.
Two B2 partners - Foby and Momo both with 5% interests have been defaluting for about one year. Operator has asked them to be removed, but process is lengthy. Other patners have optioin to pick up an equivalent (5+5%) share of the abandoned %.
Bomu: Interesting results, but not commercial on its own. Requested 6 mo extention for futher analysis. SNP studies jsut starting and should be done in August so partners can review. Have until Sept to decide on next phase.
Observation.
Sure sounds similar to Akpo in it's early stages. Sounds prime for a Total partnership. Definitly sounds like the gas is potentially commercial....and probably are gas liquids. IMO our company officials know what's going on, but are playing information games with us. They could have given out similar info as did EEL. Shame on you Peter! All my opinions....
holding...it's going to be a long summer....even if Total enters B1, them entering other blocks (B2, 3, 4) is probably a long ways off. Again, IMO
I'm so dissapointed in our management !!!!
dat
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