RE:RE:RE:RE:Is this the week...1StewPidBatPiss wrote: Yeah Waitingstill I don't know what happened with Shell. The local network of info exchange would know. I read on this board that the problem was a stuck logging tool. If the wireline got parted and balled up in the hole then it's a huge problem because they can't pull the balled up mess of entangled wireline through smaller inside diameters casing and BOPs which then requires a series of other time and money consuming operations.
When you study linear algebra you learn that outputs are produced by the inputs and the conditions under which the inputs are transformed into outputs. In short, I believe that the inputs into the Corentyne play are solid with respect to earth science, operations and maybe even top management although I don't know know enough to be able to judge the top management. The regulatory, local political, geopolitical, market demand for hydrocarbons are solid as well. Hess just said that their cost to produce (exploration and production cost) which includes royalty tax on the Exxon operated stuff offshore Guyana is in the $25 to $35 US dollar per barrel range. So now it's just a matter of drilling Wei-1 to see how well the earth scientists identified their targets. So that's what people are betting on. Judging by the stability in sp of both fec and cgx it's obvious that most investors are betting that the earth scientists probably got it right.
even more of a mystery...
why do you keep changing your handle?