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YankeMike

12/12/09 8:31 PM

#190337 RE: spp119 #190333

spp119: Thanks for taking the time for your informative and well-written posts.

Mike
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ssc

12/12/09 10:57 PM

#190355 RE: spp119 #190333

spp, you present quite a conundrum. Not only do you express the opinion that JDZ drilling has found mostly gas, your sources are so dependable as to tell you what was once thought to be huge is now large but still commercial. Yet on the other hand markgovols, a highly respected provider of hard to find information, has posted emphatically "oil, oil, oil". It would seem that only 1 of you can be correct. I agree with 1 thing, commercial is the key word.

One suggestion as you continue your effort to mitigate the share price tumble that will likely occur with an announcement of gas not oil: could you estimate the amount of gas required to equal the NSAI oil numbers, making it possible to take whatever gas numbers might be leaked or announced and plugging them into the brez63 spreadsheet?
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Hawk700

12/12/09 11:50 PM

#190358 RE: spp119 #190333

Hi SPP,


Ok SPP....you have a source and Mark G has a source. Mark's source says there is oil...and plenty of it. Your source says there is gas...and plenty of it. Obviously, you both can't be right.

Now, Mark has made several calls on this board, and while the timing may have been off on some of the calls, his source, for the moast part has been dead on the money.

So SPP, can you please refresh my memory. This source you have...the one that claims that mostly gas has been found......can you please provide me with the OTHER "predictions" you have made on this board based on his/her information that have come true?

In my mind its simple. For the benefit of the board, I think its best to see the track record of your source. The source that has the better track record....that's the source that should be trusted.



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farrell90

12/13/09 1:30 AM

#190364 RE: spp119 #190333

spp119 Thanks for the review. Along the same line Chevron is expanding its gas to liquids plant in Nigeria; which will make another market for natural gas.
http://investor.chevron.com/phoenix.zhtml?c=66900&p=irol-pressreleaseArticle&ID=115572&highlight=

I am much more optimistic we will find oil and condensate in the JDZ. It is reassuring that the worldwide demand for natural gas is growing. The shortage of natural gas in China has been reported repeatedly this winter. Good luck, Farrell
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amj23

12/14/09 9:13 AM

#190509 RE: spp119 #190333

for the last several Monday's you have made these long drawn out , redundant posts . It appears you are writing a book, not a message board post. Since you were so involved with EEL, I would assume that most of your information is coming from sources there. And of course, they only have a small piece of block 2 and since they "robbed" their shareholders and most likely bankrupted some, can you be sure that any info is remotely valid. And I hope they are being taken with a grain of salt.

THere are people who have been involved with this company from the very beginning who would have knowledge of all blocks and more intiment details that tell a very different tale.

the jDZ is commercial, oil, gas, and condensate and the latest articles and information will prove it. hopefully you wont have to make any of these time consuming Monday posts, would be nice, wouldn't it? it has been my experience that these lengthy posts say absolutley nothing after reading them for all these years.