At $15 it is only $120 billion! Actually, the drilling results are so uncertain until the wells are tested, and even then the persistency of production is never certain, that I view any number as conjecture, from dry hole to fantasy land. It would appear that dry hole is no longer any sort of reality. At the moment, I am not planning the reinvestment of the CURRENT value of my holding in Harken, much less what it might become.
Thank you for your thoughts on the new finding technology. I saw a full page ad by Mobil in the WSJ a few months ago talking about horizzontal drilling in offshore activity. It does seem to be a reality.