Biggest Discovery in 30 years - 70 miles away., page-11

Also while I'm at it,

I've been thinking about this 100-150bpd that had been mentioned in regard to Icewine2v.

I know DW had said at this level it would be economic.......

Where did the number come from?

I only ask because there is now talk of huge jumps in tech to increase flow rates in shale. So anything slightly low could be engineered.

Does the market expect this number? Well the tech can make that work.

Is it based on other shale plays? Well we've been told this is new and not been done on the North Slope. So can't be that.

Was it a number they know they can exceed easily? Ummmm.

That would mean, it's economic, the market is happy, it can be done and Icewine had the potential to be the biggest shale play "in the western hemisphere".

That would make the CR a distant memory and many many people very happy.

Of course it's only a 50/50 chance.

IMHO

Cheers, Friday beers.