I chuckle a bit at the announcement this week. Don't know if it is right, but did they read and listen?
Subject possible incorrect hypothesis Stock Code BAS - BASS STRAIT OIL COMPANY LIMITED Posted 23/12/05 15:37 Posted by cjames IP 203.214.xxx.xxx Hotcopper Radio BAS on BoardRoom Radio Post #841840 - 223 reads Start of thread
I have commented on BAS before and remain a shareholder. I was doing some study on an oil prospect of my own and went over an old article that I had saved because of its unique hypothesis. Basically it says that in a faulted upward migrating hydrocarbon province, the lower traps are filled with gas and the oil is in the higher traps. This is exactly opposite to what BAS has said in their presentations. If someone has a contact at BAS, please tell them to read "Model for Hydrocarbon Migration and Entrapment Within Faulted Structures", American Association of Petroleum Geologists Bulletin, Volume 73/7, July 1989.
BAS Price at posting:
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