long view, page-38

Thejase128

I take issue with a couple of points in your ramblings re: what is going on at FP.

How can management be progressing testing (substantial testing is currently occurring) without informing the market indeed the management would be considered nifty if this was the case.

Surely it would be more in managements interest to advise the market that FP was now ready for testing, with all equipment in place and pipeline completed this is more likely to help the ailing share price immediately, rather than some secretive testing and an Ann. in a few weeks time, as you are suggesting.

Also, on what basis do you believe that gas condensate (or for that matter oil condensate) is heavier than water? Comments such as these do not make for credible posts a little knowledge is dangerous it seems.

What is your definition of oil condensate..extremely high API oil ??
Why would this be heavier than water??

In spite of the above, (IMO) the future of FP1 (& 2 ) should still be positive based on the information released so far, even though it is sketchy to say the least.


For your info, try the following website for some info on condensates:

http://www.devonenergy.com/CorpResp/ehs/Documents/msds/msds-natural_gas_condensate.pdf