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Krombacher

04/30/10 12:12 PM

#212506 RE: hetherb #212504

Ok hetherb. As the next few days unfold, we will learn more...

...I hope for the seller's sake that they are as fast to buy as they were to sell if or when it appears Phase II will happen.

Krombacher
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Lickety Split

04/30/10 12:16 PM

#212508 RE: hetherb #212504

heherb,

I think the math makes sense that if Total comes aboard, they will want more than block 1. The initial drilling results suggests that whether there is an AKPO type field below in our blocks or not it will be a very long slog from here to production. For this reason, I am holding out hopes that SEO $ cronnies will want/take a quicker return with a bird in hand offer (if there is one). So, to me the biggest questions of all are when and how much. Either way, I'm here till the pain is over, and I think it's just started to get serious.

strass