TheCardinal wrote: Tuirkiye has all it can say grace over with its own 100%
blocks, and SASB is too valuable to sell now, both for its
Blue Sky potential and as the Ca$h Cow For Now.
The 3-D re-pro results and the adjacent blocks awards
will bring the JV partners for the rest of the offshore gas
plays. Art will get them to pony up some Green Stamps
up-front and that will help pay for the oil play, as well. But
just put a pencil to 1 well flowing 500 barrels a day:
500 bbls/day x $80 x 30 = $1,200,000 a month. And I'm being very conservative about that 500 barrels
a day, given what the surrounding fields are producing.
Now you see why Art is excited, and so should anyone
who understands the significance of this
"audible".
You in some sort of hurry, or something?
Retired1 wrote: Finally a comment on selling the SASB , wouldnt that be a surprise and share price KABOOM if it is announced at anytime.The interest must be out there but Art would wait until there is more life on the Oil Play,or would he ? Largest oil play he has ever seen in his lifetime hhmmm A lot of oil bucks to play with if TCF had a buyer for SASB.Rig worth what $600 Mil US$ plus.Art did say the SASB is the cash kitty maker right ! CLOUDER who's side are you on ? Your even stupider than I tell people you are lol