longtom, page-15

Hi oilslick

So are you suggesting that Nexus are deliberately misleading the market by stating that they have completed FID and have booked reserves as mentioned again in their March Qtrly report released tonight?????

How many appraisal wells do you require before you are comfortable with what they say??? I hope your scepticism isn't soley based on Apache's decision to pull out of Longtom??? Because their reasons proved to be incorrect, and Nexus' opinion on the initial flow problem, proved to be correct.

I'm sure you know as well as i do that Nexus would have a very good understanding of Longtom's reservoir characteristics.

Sure another appraisal well will further confirm commerciality, but it will also confirm what Nexus have been saying all along.

They are booking reserves now because it's obvious they are confident they can produce them. No use booking reserves when you've drained the reservoir??

Cheers.