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Fishdog

03/22/06 5:19 PM

#35623 RE: RUBY1100 #35612

Considering the cost of the well & future development, the cost of production facilities, royalties, taxes, etc. I don't think the well will be considered comercial. It's borderline at best, IMHO. The main question will probably be what is the field reserves potential recovery. But it doesn't sound good for that ultradeepwater prospect.
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Platina

03/22/06 7:28 PM

#35651 RE: RUBY1100 #35612

RUBY, I posted that TWO DAYS AGO........