major oil discovery, page-8

bello: You are spot on. They must be close to 1000 bpd now and for the patient I'm sure they'll be profitable. Me ,I've been waiting for years for Marina 1 and have decided that there are faster gains to be made elsewhere.I still think there will be production from the Bonaparte Gulf but it could be years off. I'm disappointed that DLS didn't have better seismic of the area and that they had no other targets ready to go.They put all their eggs into the one basket and holders will have a long wait unless ExxonMobil is sufficiently impressed with the area. Am also disappointed with the reporting on this hole. It can hardly be described as a discovery! There are coal deposits under my home and I've got no doubt if drilled it would produce some gas. Hardly a discovery. A discovery normally refers to commercial gas or oil and that it isn't!