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Re: gsfl post# 151

Tuesday, 01/31/2012 1:02:31 PM

Tuesday, January 31, 2012 1:02:31 PM

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i assume this is the reason for the sell-off today...although i'm not sure...

The owners of the export pipeline have notified Mart and its co-venturers that export pipeline owner's estimate of the Umusadege field's share of crude oil lost or taken from the export pipeline during the 2011 calendar year is approximately 213,000 barrels of oil.

"lost or taken from teh the export pipeline"...is this just a cost of doing business in Nigeria? 213k bbl strikes me as a lot.
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