... super post from the Heavy Crude Warrior ... how's the trade MAY @ 0.100 vs CHK going s78 ...
... MAY - do you still think that 0.100 is cheap for maybe a heavy-crude well s78 ? ...
... if a punter places bet - AUD 1000 @ 0.100 - MAY - current position = AUD 650
... if a punter places bet - AUD 1000 @ 0.003 - CHK - current position = AUD 1000
... MAY - what was that CP all about on that last well S78 ? water ... ?
Ann: Block 9 Alameda 2 Appraisal Update, page-890
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