General Thoughts, page-6851

In all fairness to WDS, if Saturn is as large as we all hope it would be a HUGE commitment to undertake for WDS. If Saturn holds 5 billion barrels of recoverable oil this means that WDS would need to commit decades to the project. A very large oil rig can pump 100,000 barrels a day, this is without any problems. If they were to put 5 wells in or instance to accommodate Saturn it would take over 25 years to complete the project, or more. In my view all of this has to be taken into account before signing on the dotted line, along with any possible changes to the political landscape should also be considered as the government of Namibia will become virtually a very wealthy country over night due to the masses oil and gas reserves they are sitting on. And lets not forget to mention the fluctuation in the price of oil over the next two to three decades........ all of this and more need to be taken into account and mulled over very closely before a commitment can be made. I personally believe that if Saturn is massive WDS would be foolish not to sign on, but I'm no expert so we will all just have to wait and see. As so many of us here understand, we have become experts at waiting so what is a couple more months. Cheers