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Monday, 09/12/2011 1:04:36 PM

Monday, September 12, 2011 1:04:36 PM

Post# of 116863
Well at least I got people thinking and talking about something other than 9-1-1, next I would suggest people not overblow the cost of developing our offshore lease (if we just do the seismic work we can identify the elephant structure (if it exists) and market it; it costs very little), third, our priorities are obvioulsy correct, we are drilling onshore initially.

The thesis of my remarks, was simply to suggest that I for one am not ready to write off 90% of our concession area. That offshore property is worth 10X per acre whatever value you put on the Maya Mtns. acreage. Oiljob.

P.S. I've never been involved personally with any offshore drilling activity or program. I was once offered a job on the North Slope but turned it down. My bad.

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