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Tapco1

11/20/09 6:17 PM

#186924 RE: spp119 #186923

Spp119 - Thank you for getting back to me with a figure you feel comfortable with. I am sure many of the board members will appreciate your response to my questions. Have a great weekend !!

JMHO

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claudealain

11/20/09 6:39 PM

#186927 RE: spp119 #186923

spp119... Nice answer. Thank you very much for your informations!
We should not forget: Commercial discoveries will be commercial, regardless of gas or oil or condensate.
What's the difference between having more than 2 Tcf (NG) or more than 340 Mboe (oil) in our books?
There will be no difference and the SP will go up a lot in both cases.
Having only oil without any gas (I don't know if this is even possible), would have been really bad.
But with huge amounts of gas and possibly enough oil to make it too commercial, all is well!
We are still golden, gaseous golden! (LOL)
GLTY, Claude Alain
Long & strong ERHE