How could these big, ugly, dumb oil cos all use FPSOs up and down the coasts of West Africa, of late with Akpo, Agbami and Bonga with design lives of 30+ years...
Lot of nonsense on these boards, how and when fields get developed, the time it takes to plan, manage and develop and so on.
It is amazing the perceptions that investors cling to and how things ultimately play out. ERHE will be intriguing, how underlying values may come through AND WHEN despite the odds.
The board seems to think the first wells all will come in as barn burners and that would be rare.
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