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Where are you getting the figures for the reserves? What are the assumptions - price of oil and ng used?Does the recent discovery add much to the reserves?
Don't believe anything you read about their "new" discovery.
The PR said 300-400 bod. Don't think the've counted any extra oil for that feild, now x100+ this could be HUGE. [slim]
i'm holding shares of ALY (Allis Chalmers), they are set-up to do horizontal drilling in the GOM. Heard they are willing to do the work for a cut of production per well so the upfront costs would be minimal. [slim]