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oil-cowboy

02/19/06 7:45 AM

#23253 RE: RUBY1100 #23251

If we truly do have the bulk of Blk1 under us and its in the range of 1bb. As well as numerous other blocks and rights, the shnit will hit the fan in the near term.

Nobody can accuratly peg a price on what we have at the moment. Theres never been a yard stick for what we have. That amount of oil in one tightly knit area. Just unheard of.

Price of admission will have gone up substancially, thats for sure. We will need a board for longs, 2 year minimum. Just because we will be spending all our time online as teachers for all the newbies comming on board here, lol. Ah well, might be fun.

Does anyone else have a girlfriend, or friends that think you nuts at the moment. My gf is sick of hearing of this whole thing and were not even there yet. lol, nothing a trip to Italy won't fix.


Thnx to all for the info............MUCHLY APPRECIATED.
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mrogop

02/19/06 9:25 AM

#23273 RE: RUBY1100 #23251

ruby:

the underlying significance of "encountered significant UPPER zone" Target zone still to be tested...now, this changes the subsurface map from the seismic interpretation as realtime data wins..if there a multiple large productive horizons then you can envision the future, plus the evaluation of potential recoverable will rise

simply, this COULD be multiples of the original assessment. lots of work to be done yet, however, before it is known..observe, be grateful, but be sane.