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badog

12/03/11 8:17 PM

#249926 RE: vineseeker2 #249919

vineseeker2...
I don't know the expertise of Danagas personnel but I would guess that they have more expertise on staff than the expertise of anyone here. When they claimed that the drilling was a bust...I believed them.

Who did you choose to believe? Those on this board that tried to tell me that it was just an accounting gimmic by Danagas? How did that work out?

Danagas saw the drilling reports...who on this board saw those? Danagas had contact with Sinopec...who on this board had such contacts? I know...I know...there were those on this board that had their secret sources...but how did that work out?

Why do you and/or others still try to question the information that has been supplied by the likes of Danagas and even ERHC? By all accounts it appears to be true. Do you just choose not to believe it for some reason? I have to say that I am curious your thinking with this.

One of the early lessons I learned about investing is not to get married to your picks. When things change I accept that my thinking may have to change. The sp shows that many did change their thinking...but this board is evidence that some remained married to their investment. I have nothing against ERHC...in fact I wanted them to succeed. But I wasn't so blind that I wouldn't believe what I read when it came from the companies involved. Reading this board it was evident that some wouldn't/couldn't believe what they were seeing in print. They had their minds made up and even company statements still are not good enough because they know better...I guess.

Badog
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Julius Erving

12/04/11 5:47 AM

#249939 RE: vineseeker2 #249919

Vine,

"They are not noted like Total for their expertise, just why do you think they know so much and continually bring up their report?"

That's because he is the man of wordgames. For Badog it was of great importance that DanaGas left.

But for Badog it was of non importance that Chevron left from another block. Even a block with a COMMERCIAL FIND.

He supposedly does not understand that his line of thinking is inconsistant.

What is too complicated for Danagas, does not have to be a bridge to far for Total. He knows that. Therefore Danagas's departure is not of that extreem importance.

I have quoted Total's expertise on numerous occasions. Badog knows that, but I'm afraid he has some kind of agenda, or is working for people with an agenda.
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Julius Erving

12/04/11 7:36 AM

#249941 RE: vineseeker2 #249919

Vine, this is why Danagas leaving does not say much:

"But the future of deep offshore is being written at Total's design and engineering offices and in our laboratories. Among the new technological feats being readied is the simultaneous production of several fields too small to be cost-effective alone, operated by a single FPSO despite being located dozens of kilometers away from one another."

I wonder if Badog understands. How about a poll?

Who thinks he understands? Lol.

I don't want to BS myself, but I truly think that my story is a bit more comprehensive that Badog's...

Total has the technology, to get small bits of oil up in a commercial way, better and more effectively than anybody else in the world and yet... Badog is thinking the petroleum system, of which a LOT is still not known, will be left for what it is, these days with oil getting more expensive by the year.

Yeah, right Badog. Solid thinking.

You know what I think? I think that Total would LOVE to see what is in our blocks... don't you? That they won't say now, has been ELABORATELY explained by Dan Keeney last year.


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tryoty

12/04/11 10:09 AM

#249950 RE: vineseeker2 #249919

For all we know Danagas took an offer to get out of the JDZ and was feeding their shareholders a story that supported their decision to get out.