GREY:CXEYF - Post by User
Comment by
Resilienceon Oct 14, 2008 3:58pm
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Post# 15525184
Insider buying must have reason
Insider buying must have reason
To me it shows they're not totally F'in up. 80% water cut scared the hell out of me and probably did out of them too, they literally have too squeeze the oil out of the sea water.
PR bureau didn't want to disclose oil vs. condensates of El BB as of yet - I'll let you know if they do. As I claimed it was propriety information for investors.
Rig from Robban - what can I say... They have never been on-time.
Hopefully Ezz 18 was a bit of a success.
Btw I know reservoir life isn't that big for Cax (Ezz & El BB) but if it trickles like that it will run for 5-8 years - at least continued cf for awhile.
R.