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rjc2827

03/27/06 2:33 PM

#37076 RE: brez63 #37075

You seem to have assumed an underground “lake” of oil. Your calculations should take into account the rock and sand too. The structure is somewhat sponge-like, with oil in the little compressed holes.

Still, over 6 thousand Billion barrels was nice to read.

rjc

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Strategyone

03/27/06 2:58 PM

#37086 RE: brez63 #37075

brez, if OBO-1 hit a field with over a trillion barrels of oil, I think GWB would be invading Nigeria or STP shortly, LOL. Nice math though and fun to think about.

Patiently waiting for official news which I think we may be weeks away from hearing real details.

GLTA,

Strategyone
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stockhocker

03/27/06 3:27 PM

#37097 RE: brez63 #37075

It's boe, which means the volumes will need to be adjusted for expected percentage of gas. Now, go have a headache...
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Hdotmycom

03/27/06 3:36 PM

#37098 RE: brez63 #37075

Adjust volumes for pressure?