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Re: DanielBostrom post# 4084

Monday, 10/07/2013 6:00:42 PM

Monday, October 07, 2013 6:00:42 PM

Post# of 7231
Hi Dan, welcome. I have to say I came to a very similar conclusion last year when Tullow first said Nagamia was of similar structure to their Uganda wells, but much more pay. I looked at every single Uganda well that was published and realized Ngamia was the biggest they had seen. Based on last years numbers, I came up with a very large number of barrels just for Ngamia. That's when I put 95% of my portfolio into this company. It is still there and has grown, though no where near as much as I anticipated it would. I think the coming months will start to change that, but then again I said that last year.