Ann: Block 9 Alameda 2 Appraisal Update, page-878

... If MAY does well have 30% share in a GIANT oil discovery then yes we should have patience.."


MAY - Cuba has been drilled for years, whats new there ... though the drilling around BHP Olympic Dam could be considered 'early' in exploration terms, mainly due to the depths [1000m cover], most companies in the past just took on other projects, leaving vast areas close to Olympic Dam [one of the largest IOCG deposits on earth] with near no holes and WMC nearly missed Olympic Dam deposit by ~50m, as it's sharp ... take BHP Oak Dam West [2018 find?] as just one example ... still waiting for you to explain how you got CHK 'drilling' HW this quarter out of the last Quarterly Report, you were so certain and posting away ... or is it that you can't read a Quarterly ... fairly clear that you can not s78 ...

MAY - you have morphed from a 10000 bbls/d pumper to a Heavy Crude Warrior s78... yes most punters who know O&G actually would know many of the GOM refineries take heavy [do you understand s78], but there maybe no rush for another heavy-crude field ... and you have to get it [oil] there or did you forget that part, plus a host of other matters like contracts, refining capacity [project FEED, or a Cuba project yet?], but keep dreaming/pumping s78 ... and what timeline would you place on any real production ... as you post you're 'buying' at these levels ... really ?

MAY - MAY Directors selling @ 0.100 ? and maybe lower ? or is that wrong s78 ? ... but you're buying of course s78 ... still stuck in the MAY-TRADE well above 0.100 s78 ... and now you want to tie-up more capital ... real smart s78 ... carry-on.