what the?, page-21

Guys this is a forum for alernate views and debate

But it is not a place for flaming rants that belittle posters with world like "stupid" and " laughing at people who lose money in the hype"

Had this thread have substatiated opposing views raised rather than an outright attack on SH it may have faired better

BUY has 24,878 km gross ( 11,400 net km) of leases across 9 sites in Onshore and offshor Australia and Tanzania

All we have heard in this argument is that PEP was hype and Utopia produces 30 BOPD for BUY ( and where will buy get 20 mil from for the next PEP drill)

Firstly Utopia

BUY is moving to horizontal drilling and fraccing which has potential to increase production dramatically. Utopia 11 will link with 10 to achieve this

PEP will drill again - Our cost will be 15% of drilling cost not 100% , so any talk of neeing 20 mil is rubbish. PEP still has potential but is not currently priced into SP

Tanzania resourse was proven contingient resources at Kiliwani that are to be drilled this year

and so on an so on

Company reports and briefings spell it out