GREY:ROAOF - Post by User
Post by
Bigbadoilon Sep 04, 2005 1:41pm
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Post# 9507237
This week..
This week..Kinda got me thinking that its in both the DTI's and Oilexco's interest to do a big NR this week at this big offshore conference..
The DTI wants to showcase that their initatives on the fallow field program and "drill or drop"..Why not announce the approval of Brenda too..hey they can say we've got this little Canadian minnow out there and doing it..they raised money, drilled up a discovery and it will be on production next year. Also they used our great Scottish bank (RBS) to do their financing..Wow!! Also they raised more money, booked a rig and went got a whole bunch of JV's with the "fat cats" and took advantage of our drill or drop program..Hey Mr Blair our policies are working.
Everyone needs to be like OILEXCO!! Crowd cheers and Art stands up and bows to the waiting throng...
One sour point Mr Wicks mentions...we need to upgrade our appraisal Engineers to become World class. They are gonna have to stop getting their reserve estimates from the leaves in the bottom of their tea cups and learn a little about Stratigraphic traps..cause thats the future in the North Sea!!!
Bigbadun'