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princeslew3

08/03/09 7:19 PM

#172973 RE: farrell90 #172972

Im glad it is a learning curve for some on the board but what I was saying no matter what hydrocarbon discovery we the shareholders can not do anything about it. The operator and their respective partners will make the decisions. As you know the shareholders have no voice in the decision making. In my opinion, with all the acreage, we will find oil bearing reservoirs. In some cases having a gas well or two is beneficial as you may need the gas down the road for gas lift optimization to recover more oil than you would normally do without secondary recovery methods. Again, lets hope for oil but not to worry if some gas is found.
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Dadd

08/03/09 7:44 PM

#172974 RE: farrell90 #172972

Farrell,

The thing is, with so many posts dedicated to the gas issue, it makes the blocks look like that they ONLY hold gas. This is just another way to make the stock less attractive to people, and I think that they have cleverly done this to do such possible damage. The gas is always good to have and is a bonus, but the main point of our blocks, the main source of any significant monetary increase in the stock is plain and simple, the oil. The seismics show great potential yet here we are talking about the gas - and only the gas. Hope you understand my point.

Dadd
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RKT989

08/03/09 8:16 PM

#172975 RE: farrell90 #172972

I agree Dad..distraction.. means absolutely NOTHING..
3 years from now ..they may have a point..

move on..Distraction..maybe for the jdz board.