lot of patience required.... Agree miningnut, lot of patience now required. Get the impression that the onshore Louisiana program is quite big and that we won't know how big it is until next year!
JV still trying to accumulate acreage. Understand we will get a bit of info in the months ahead but far from all of it. Wonder what the hell is going down, my normal contacts are very tight lipped!!
Sushi I get the impression that Petsec's partners are non listed US independents but I couldn't be sure. I do know they are not the same group of ex employees who they are working with at Main Pass. Thanks for the other suggestions.
What I still don't understand (but am very happy to see) is why gas prices are so high and look like going higher when storage levels are well above the 5 year moving average. Guys at Petsec reckon it has less to do with electric power generation and more with booming industrial demand. Long may it continue!
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