latest ann., page-13

All, I think the problems with BKP started a few years back when they were convinced by some that they needed oil income to support the company.

IF their first onshore well in Mauritania had come in, that would have been ideal, little cost, some income while the they waited on the big stuff ... but it didn't and they went spending money looking for income! bad move IMHO. They should have gone into hibernation, conserving COSTS!! .. haha!

Plus we had talk that the reservoir quality mightn't be that good and gas prone .. and how much would it cost to build a gas pipeline to north Africa?

Let's hope they can hold it together until drilling starts in inland Mali and Mauritania.

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