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Re: L_Porter post# 7630

Saturday, 07/09/2011 5:11:18 PM

Saturday, July 09, 2011 5:11:18 PM

Post# of 21090
Oil seeps are often not more than stranded bursts of hydrocarbons floating in place. They tell us there's potential but don't speak to quantities of oil/gas, let alone commercial viability. I cringe when I read things such as "Oh, we have oil, billions and billions of barrels---all we have to do is prove it!" If it remains to be proved, we can count on nothing. This is why a top caliber geology team such as we have in place in this post-Watts era is so vital.


It's fine to be excited and hopeful, pointless to publicly flatulate over hyperbolic drivel based on wishes and nothing more conclusive. However, I strongly believe in the Bob Bearnth legacy for a number of reasons, in addition to the carefully constructed approach Ray has taken in bringing us this far. I'm betting his eye is trained on far more than has been placed before us.

WT