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Re: arnim-v-b post# 282488

Thursday, 11/28/2013 4:36:42 PM

Thursday, November 28, 2013 4:36:42 PM

Post# of 360798
Like I said before IMO any rational company that has experienced personnel will sort out all the information that is available from all reports via the JDA etc. and IMO the COSTS will not be worth the small net cash at the end if any. Total had the nearby infrastructure to make some kind of find commercial by %s of oil recoverable...and they BALKED at block 1.Im sorry I missed ToTal's statement that they will develop the JDZ. this is not consistent with their actions so far. We were told by our company that only biogenic natural gas was found throughout the drilling program with no oil except for small quantities in Blocks 1 and 2. IF I agree with our companies(JV) findings, and trust what they have written to paper, then where do you see commerciality coming from?