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Re: Manti post# 8462

Thursday, 07/21/2005 9:09:58 PM

Thursday, July 21, 2005 9:09:58 PM

Post# of 367194
Manti,

Are we in the NEEZ? I was hoping to hear news on that but since there has been no mention by ERHE I did not think we bid there.

I hate to sound so negative tonight, but in all reality almost all of the gas is either flared off or reinjected to maintain pressure. I worked in Equatorial Guinea. The only company to produce gas for profit was Marathon as they have the facilities. I am not sure why it is not produced as the amounts they have would make us all very rich, but they dont. ExxonMobil for example flares off over 60,000 MCF a day, if there was money to be made they would be doing it.

I believe that is the case in Cameroon also. Only concerned about the oil.


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