FDM freedom oil and gas ltd

gulf south, page-25

  1. 3,702 Posts.
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    Maybe I have to make the point a bit easier to understand.

    If the initial wells are indicative of the future wells then this is a very bad deal.

    I for one dont believe that these wells are indicative of future wells.

    So here goes again

    IF the initial wells are INDICATIVE of the future wells then this is a very bad deal.

    Why ? - Because all the gulf deal brings is money. And if the wells flow at these high rates then they wont need the money. MAD can easilly self fund very quickly and all MAD are really doing is giving away profits for no valid reason.
 
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