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03/19/06 6:32 AM

#34614 RE: Julius Erving #34609

Julius...the latest chatter came from the chairman of OPEC. Mr. D. spoke in regards to CVX's drilling in an article about 10 posts down posted up by Rambus:

"Dr. Daukoru: comment... The zone between Sao Tome and Nigeria is looking interesting. And again, I have a gentlemen sitting by my side who should have a lot to say about that. A few days ago we had some interesting news from the fast route drilled in the belt by Chevron. If that is an indication to go there are least three other blocks then block one where Chevron currently is that could hold quite sizable volumes of hydrocarbons. So much for the resource based that one expects looking forward to year 2020 or 2025, that kind of time horizon."

With Daukoru's comments....I believe some of the "chatter" is being proven out!!