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Re: Curious62 post# 223478

Thursday, 09/23/2010 1:27:45 PM

Thursday, September 23, 2010 1:27:45 PM

Post# of 361994
Curious,with all this very informative detail that you have provided and on the thought path of Block 1 and the sellout to Total for double the price, would it be odds on reasonable to consider and assume that the Block 1 drilling produced gas and not oil and that Block 1 was sold because there was not commercial amounts of oil and CVX was in the oil business and not the gas business?

And with that thought process in mind,is Total in the gas business?Is Sinopec in the gas business?

If gas is the overwhelming dominant asset to be produced,would that not bring in different players than oil players?

What are the valuations for gas vs oil?