int oil and gas newspaper -upstream, page-17

I know that. P1 was at the sweet spot but P2 is drilled at the extreme edge of the prospect. That was necessary too, to understand the chareteristics of the reservoir. We actually need to drill couple of wells more to do that. (I have really learned a lot from Aramco's web site which I gave the link of it above)

So your freind was dead right. Conoco could afford to do drilling, testing and waiting for results, it can go like that for many holes. I can afford to wait two more years too as I am not trading very offen. If the price goes down, I will buy more.

By the way, KAR management is really in hard situation, we are the impatient shareholders at one side and CoP which is doing its own work, at the other side. So, I am expecting KAR management to may make many other mistakes in the future because of that.

At the other hand I am sure that, the stupid logic of people which has brough down the stock price 25$ in one hour because of a word, will take the sp 30% up in one day again because of another word or reason. I have nothing to with that anymore. Even KAR finds 3tcf gas in there it makes 0.5 Billion barrels of oil equ. which is valued at (0.5B x $80barrel = $40 Billion.