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pennyarcade

10/12/12 1:51 PM

#9378 RE: slb_noob #9377

that sounds reasonable, also does oil/natural gas have a shelf life? would it not be prudent for the companies to stock up (esp for small companies as they would get better investor backing on a stockpile than proposed revenue in the ground) and then sell when there is a profit to be made?
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coolcoins

10/16/12 8:54 AM

#9419 RE: slb_noob #9377

Morning slb noob. Got a question about the 500,000 mcf of natural gas mentioned in the pr. Is that aside from the 84 barrels of oil also mentioned or is that oil equivalent from the natural gas? I am alittle confused on that.