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retep0517

11/19/09 7:38 PM

#186797 RE: spp119 #186796

"I believe all the wells drilled to date (can't say about Malanza obviously) are mostly gas with just some oil" . Do you have firm information to substantiate your belief or is it mostly your "intuition"?
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YankeMike

11/19/09 8:23 PM

#186801 RE: spp119 #186796

It's nice to hear that Kina and Lemba appear to be huge finds, even if it's mostly gas instead of oil. It does appear that this will be a commercial field.
Also, there are many more prospects in these Blocks to be drilled, and we still have EEZ potential.

Thanks for sharing your thoughts!
Mike
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rayank

11/19/09 10:52 PM

#186815 RE: spp119 #186796

re: possible huge gas finds...a dozen questions..
1)do most here believe "if" all the wells drilled so far are mostly gas finds, and not oil, that we are ok with that?
2)Or is it ok only "if" they are HUGE gas finds?
3)is our potential buyout or stock price without a buyout compromised with this being the case, if true?
4)is this why sp is still where it is, or
5)do we go lower yet?
6)or do we start our rise back up from the 50% retracement?
I have a sell order in at .40 for 1/4 of my shares to get all my invested money back, and then I guess I want to know if I should
7)let the other 3/4 shares ride?
8)does anyone think .40 sell order will fill?
9)does anyone else have similar plans?
long, long winter ahead if we have to wait till March for those answers?
10)or will they come sooner?
going to bed now....
11)maybe I will dream the answers to all my questions, or
12)maybe the board members here will provide them when I wake up?
LOL
nite all
Ray
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Julius Erving

04/29/10 11:15 AM

#212180 RE: spp119 #186796

Let's discuss SPP119,

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43759709

Is he also right about the amount of gas? Sure hope so, but they said non commercial on a stand alone basis during the AGM...