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stocks2rise

10/08/06 10:09 AM

#77409 RE: rocky822 #77408

"For the time being, it's all speculation. People talk about reserves of 6 billion, 9 billion, 11 billion (barrels). Who is lying? Nobody. Until you drill and do tests you cannot be sure.

Now this is some new info that has not hit the wires before! Very interesting indeed considering Chevron designated obo1 a tight hole very quickly after they finished drilling. This also explains why offer is holding out for HIS price because he knows what is there and what kind of money is going to be made.
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condor1

10/08/06 10:20 AM

#77411 RE: rocky822 #77408

"Carlos Gomes, executive secretary of the Gulf of Guinea Commission regional grouping, told Reuters U.S. oil major Chevron Corp..... /'could drill a second test well by the third quarter of 2007'/..... after announcing that it had found oil and gas in its first exploration well in an offshore block in the zone."

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tryoty

10/08/06 12:05 PM

#77429 RE: rocky822 #77408

Exciting times!
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Homeport

10/08/06 1:20 PM

#77435 RE: rocky822 #77408

That's the 2nd Reuters story we've seen from STP last few days, Rocky8. Seeing Zoe is there for a visit, we're likely to see more pieces coming out....SO whoever has access to Reuters, pls, keep eyes wide open.

Recall that on her last tour of STP in December, she broke the AG probe report story.

Bests,
HP
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Healthiersouth

10/09/06 8:21 AM

#77486 RE: rocky822 #77408

CNN had a similar scrolling headline last night. Good publicity!

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Sao Tome, Nigeria joint zone may see oil by 2010
Sun Oct 8, 2006 12:59 PM GMT

By Zoe Eisenstein

SAO TOME (Reuters) - Crude oil production could start as early as 2010 in a joint development zone (JDZ)