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Regent Ventures Ltd RGVNF

Regent Ventures Ltd is engaged in the acquisition, exploration and development of mineral resources properties.


GREY:RGVNF - Post by User

Comment by JennyB2on Apr 05, 2011 2:02pm
212 Views
Post# 18388296

RE: RE: RE: RE: RE: RE: Aurelian Update yes Jennyb

RE: RE: RE: RE: RE: RE: Aurelian Update yes Jennyb
Why hello there, stocktalk2!

Yes, your comprehension is doing quite well. I do love a good argument and it is very evident from your post that you abhor an argument with an informed opponent.

"But of course, you knew before REV even drilled a well there what the outcome was going to be." (In reference to the Delhi Oil Field)

I think that if you go back and read my posts from the get go on the Delhi Oil/Gas Field you will find that I provided research, information on others who have drilled/operated and or are working currently on the Delhi Oil/Gas field. No?

I compared the workability of the areas in which REV was permitted with the work/budget of the Colorado Oil company which is putting +70 million into revitalizing the oil field.

I then provided my analysis of the probability that REV would be able to hit a "gusher" with the track history of REV, the one-man oil exploration outfit heading the REV efforts and the 'worked out' nature of the Delhi Oil/Gas field in general.


Looking back at my analysis of the situation, the companies/individuals involved and situational aspects of the program, it would appear that time and the usual abilities of REV management have proven my analysis spot on, wouldn't you say?

It may be very comforting for you that you have some understanding of the oil and gas business. You may even possess some understanding of the geology side of the oil and gas business...however, it would appear that your knowledge and understanding of all this comes apart when you have to marry your understandings of the cultural and physical of the oil business with the realities of REV.

Or, as you said it so well yourself in this post..." I will let the facts speak for themselves"!

As far as the Carpathian oil/gas play is going, I have to say again, that the news release on the drilling to date was a puff piece. I still say so. If you don't like my information on the gas pressures vs. drilling mud weights and such, then put up your own figures and refute mine.
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