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Howardhaftel

10/04/09 2:46 PM

#10887 RE: Freddy1 #10885

I have no idea what the upside is and only time will tell but from talk with the people that know oil they say its impossible to grasp.
Mr. Callaway said of his experience that an oil discovery they made of 30 billion barrels comparing the seismic charting is less then what we have here. The only way to tell is after the fact and for that we have to drill and test. That's coming. To say its worth $5 or $50 or $3,000 is just a guess and maybe even a dream. We will find out and its not going to happen over night.

As to why they didn't do this or do that, I don't know because I was not in the day to day operation and neither were the people on this board. We have a leader and a management team that are capable so let them do their job in peace. Time tables change due to prevailing conditions and like it or not that is the way it is. Boom or bust, I'm in it till the end.