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DewDiligence

12/03/09 8:03 PM

#486 RE: DewDiligence #485

HES / Libya addendum: COP’s stake in a Libyan JV with HES and MRO seems like a logical asset for COP to try to unload as part of its announced $10B pruning (#msg-42341448).
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old man

12/03/09 9:15 PM

#487 RE: DewDiligence #485

Dew -- I don't have the tech knowledge to comment meaningfully. It does appear to be a significant amount of gas but it would be good to know if these initial flow rates are normally sustained and for how long. I would think that it's important to keep in mind that this is from only one well and that many more will be drilled.
On another subject, Barry Morgan, a trade reporter, reported tonight that the D Pathfinder is drilling a 3rd well in B4 and that results would be reported by yearend and are expected to be better than Obo1, the Chevron well in B1, which by itself doesn't say much.
John
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old man

12/09/09 4:28 PM

#510 RE: DewDiligence #485

Apparently 705mmcfd is the world record, by way of comparison.
John