watch the partners..., page-17

Racks

If they get anything like 10000bpd and or 1/2 of the areas reserved for the locals it will be stunning. If he pulls this off he's a genius imo.

It must be remembered that we are looking at proven pre-producing onshore areas devastated by War with almost nothing done for the last 25 odd years.

I am led to believe that everything has been destroyed over that period. However the wells are still there and using 21st Centaury Seismic Equipment we will probably be in for even bigger surprises.

In saying that, the above is mostly conjecture from my point of view but one has to ask oneself why would he infer 10000bpd if he didn't have a reasonable expectation of success?. If this does come to pass surley we should see a rerating of CVI.

I wouldn't be surprised to see another update at some stage before Xmas.


Cheers