Longford Energy Inc V.LFD

EOIM

[good40]

I've read some of your posts over the years.  Is it true that you're a petroleum geologist ?  If it is,  would you mind
explaining the difference between oil reserves and prospective resource ?

[maysteeler23]

It's simple. LFD has 5000 barrels a day proven and documented. And has 7 billion potential on top of that. Which makes LFD at least a $3 stock right now

[EOIM]

Yes, I am a young retired petroleum geologist who understands this game. I am now a fulltime investor. I invested in LFD simply because it has potential to return 3000% or more if what Management claim is proved right. You reminded me of my last mega win ELC. I started recommymending this stock at $1.25 and in less than 4 months it popped to $6.8.

[good40]

What's the difference between oil reserves and prospective resource,  Mr. Petroleum Geologist ?

[sumeroil]

it's a good post, but you did not need to address it to good40....do not engage with him.do not encourage him.nobody gains by arguing with him because reasonable and sensible argument with him is NOT possible.not to engage is the key.your next post was much better.

[digits]

Er ... good40?Just let me add for you ... Mr. YOUNG RETIRED Petroleum Geologist. Young AND Retired eh?  Woooooooooo.This board is eerilly similar to the SRU board where the pump was wild and constant. One of the pumpers other tactics was to convey themselves as trustworthy people who were in the know about the companies areas of expertise. However, when asked any technical questions there was

[EOIM]

I hope I have answered your question. We have RESERVE as Sterling called it. The field has been appriased by 2 deep wells, C7 and C9 and both hit the prolific Jeribe formation. So because they have been appriased and found to be commercial, we can call it RESERVE. Sterling called it Reserve. GENEL said it is commercial and so is reserve! LFD conservatively called it contingent resources. So I

[good40]

What would be the expected pressure at 5475 feet ?

[digits]

EOIM (fullofit) .... You still haven't answered the question. If you are as knowledgeable as you say you are (read: self proclaimed expert) what is the difference? What is the difference between Commercial Reserves and Contingent Resources? Since you still haven't answered the question one can only assume that you don't know or you are evading the question. I will give you a hint