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Re: Tomas4 post# 1055

Sunday, 07/28/2013 11:06:04 PM

Sunday, July 28, 2013 11:06:04 PM

Post# of 5825
First, Galp only has a 14% interest, not 15.

Second, HRT never stated that Moosehead could yield 30 Billion. I believe their highest estimate was 5.5 to 6 Billion. It was smaller than Murombe's estimate.

AOS used the 30 Billion figure and no one has commented as to where that figure came from, even after the question was raised last 7-10 days ago. It might be that the Orange Basin has an estimate of 30 Billion and that was the reference, but there was some confusion on the part of the speaker or reporter and it was reported as Moosehead had that much.
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