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geoscience2

01/08/09 3:20 PM

#4672 RE: geoscience2 #4667

Sorry about the glitch in my last email..

Incidentally, the reason why I used the word "commensurate" when talking about 10's of millions spent and supposed huge increases in production, or lack thereof, was because Lynn used that exact same expression in a recent PR..

"...all these wells can flow at least 500 barrels of oil per day. Of course, this requires commensurate expansion of every aspect of the field infrastructure from natural gas supply to fuel the steam generators, to treatment and processing equipment and storage facilities....Once all the said infrastructure is in place, our production rates will achieve maximum capacity," said F. Lynn Blystone, president and chief executive officer."

He first said the wells can flow AT LEAST 500 BOPD's and then said it was "commensurate" with expansion of operational infrastructure (gas supply, steam generators, storage capacity, etc), which we have been hearing for years has already been done ("paying forward" stuff?). I just turned it around so the production increases of AT LEAST 500 BOPD should have been "commensurate" with 3-4 years of expansion of that operational infrastructure which I thought was already in place. Weren't there multiple PR's about how all the "production capacity" facilities were already in place? Maybe he was "really saying" ALL the wells producing at exactly the same time and ALL right after a steam job can do 500 BOPD's, not individually? Hard to say what he meant.

Geo