GREY:CXEYF - Post by User
Comment by
Corpkidon Nov 14, 2012 5:48pm
156 Views
Post# 20601135
RE: RE: RE: BIG TIME DEBT
RE: RE: RE: BIG TIME DEBT the company is sitting on 20 trillion (circa) cubic feet of gas and if you extend beyond the borders of Candax the gas moves up to the 200 trillion cubic feet range. Believe me Marathon drilled it 8 times blowing the hole with high pressure. The oil production in tunisia is simply the cash machine to fuel future drilling. the company generates 20 million annually at 575 bopd, which is ample to fund drilling, workovers and pay debt and the World Bank thinks so tooooooo. they just didn't call that little tanker down from Italy to do an oil lifting this quarter, hence the nil dollars reporting. Plenty of room in the transmed gas trunk line for candax to tap and believe me Italy (Europe) would rather depend on Tunisia to supply gas rather than the ruskies, they just turn to gas line off when they feel like it whoa.