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umbra

07/26/06 10:44 AM

#66691 RE: Julius Erving #66676

Why is what?
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tryoty

07/26/06 1:28 PM

#66703 RE: Julius Erving #66676

Dr. J,

Straddles involve corporate bickering regarding whose block has how much oil.

I personally do not believe any such talks are taking place. CVX has only poked one hole. It will take 3 more wells to prove out the structure and you can bet Sinopec won't talk unitization until they poke a couple of their own.

Unitization talks are a year or more away, IMO.