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Stay the Course

05/10/06 10:53 PM

#50976 RE: trade2much #50950

Trade2much: IMO, wild speculation to offer any kind of timeline . . . I just don't know. If they chose to put an EPS in, might start flowing oil in 2-3 years but otherwise 5+.

Point is that we don't know how it flowed, how the reservoir(s) is/are arranged, pressures, just huge unknowns other than all initial clues pointing to something very good.

I have listened to people in the business that may know, and altho they never break the rules, by considering many clues, what is said adn nto said adn dne adn not done, the dots do connect and I justify to myself an unprecedented (for me) investment in ERHE. Trust this might help a little.

I don't think anyone in the industry or even the CVX hands on the project can say just yet. All IMHO squared.