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Re: rancho post# 6953

Thursday, 06/30/2005 11:03:49 AM

Thursday, June 30, 2005 11:03:49 AM

Post# of 362984
And on third thought...didn't Noble voluntarily choose to pay higher than their original bid for the block, just so they could secure operation of the block?
And didn't they commit to drilling three wells in a year's time?
And designate a rig for that specific purpose?

Seems like a lot of work and investment for a "high risk" area.