With all due respect, it would be difficult for me to say absolutely what I will be doing at particular prices points...I can say generally, that I'll be taking money off the table before a particular point, but IF we're not acquired and we're not all the way through the JDZ and haven't gotten into the EEZ......relative to other investments, ERHE still may look very, very good.
Other than KINA, has there been any published reports on the estimated potentials of the other targets in any of our blocks?
I have heard no word on what the prospects in BL2 (Principe), BL3 (Lemba), or any other prospect in any of our blocks might contain. I guess that is why KINA seems like such an important well and why I have inferred that it is the largest target in our JDZ blocks. Would be great if it was just a normal sized target and we could expect multiples of this type of potential.
For anyone in the oil industry, is KINA as spectacular a target as it appears to an oil novice or is it a typical prospect for a deep offshore target?
IMO I think the real value here.. and real value to the majors is the fact that we own a large slice in ALL blocks. I have a gut feeling the blocks will be linked and the only way production will be viable is for an entity to own a large chunk in each.... hence our catbird seat.
Also... you can call me a crazy bstrd, but I will make a shot across the bow and say that the 500 million bls is "our" slice of blk4 (at least). That would be kingmaker in my book.
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