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Stay the Course

04/19/06 6:33 PM

#45537 RE: maestro224 #45531

Gas market for JDZ: A matter of doing due diligence, dig into it a bit more yourself and find out what progress is underway in Nigeria LNG, and see how not all will go to us in the US!!! European market this year has been diverting cargoes there.

Market at play even in today's world of shortages when the economics are there, witness MODU day rates last 12 mos. and same principle for production related equipment.

This board talks again and again for DD . . . Woudl suggest that the boe are indeed worth counting in today's world.


Stay the Course, despite day rates

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Tapco1

04/19/06 6:52 PM

#45539 RE: maestro224 #45531

Maestro224:

If I were you I would brush up on what LNG Projects are going on in West Africa since the late 90's

http://www.nof.co.uk/NOF/Events0.nsf/LookupUNID/23BC92DEEBBC6E428025711E005672D8/$file/Edwin%20Bowle....


JMHO