Conference Call Info.

[TomCrooz]

Missed the call. Did they say ANYTHING about the other wells? Saw they mentioned Wahoo on the release but no others.

Didn't listen either Croozer but in the presentation they mention that they are expecting completion of the wells in this 3rd Qtr as they are nearing TD on Bobcat and drilling slowly through the formation at Raptor due to using managed drilling due to high pressure (or something like that).  Presentation has some interesting stuff.

Thanks, Palm

[CAC]

Your opinion. Macquarie has NAV at $171.Pavels target no more finds is $100. Morgans target $85 That's their written estimate vs your opinion. Let's stick with the written word huh!

For the record, JFT, you are one of the last people to give advice about sticking to the written word vs. opinion.  You often seem to gravitate to whatever benefits your stance at a given time.  I don't disagree with the written numbers or your sentiment but don't start belittling people again, please.

*****

Especially when a "track-record-check" of unsubstantiated statements and unrealized predictions would likely result in JFT deserving the most belittlement of any poster on the board.  I thought the CC was pretty well done.  However, the market seems to have zero interest in listening to "spin" of neutral or bad news (i.e. "the Wahoo suspension is actually good because...", and zero interest in what might happen in the future.  There needs to be unequivocally good news that doesn't need any "JFT interpretation" in order for it to seem good.  That being said, management can't give us news they don't have.  We just have to wiat. 

I did like the fact that Hession acknowledged "challenges" with the other two wells but did not harp on "high pressure" and din't mention "safety" like he did with Wahoo.  He said he anticipated having results in the not too distant future...which I will interpret as an indication that he doesn't see the presence of the same "issues" that existed at Wahoo. 

[Nolan]

CAC, as usual, you are spot on. My conspiracy theory is that Hession has used most of the buyback $s because he believes that the price is close to bottoming and he is about to release good news. Maybe I'm wrong, but Hession seems to have his act together.

[Tusker]

If it's taking 3 times as long as Antelope is the orubadi thicker here ?or is the formation 3 times thicker? Or are pressures just that much higher?

Interesting comparison on WaHoo.  Holland mentioned that the Phillips field showed what happened when there was no seal for the reservoir... the gas escaped.  Yep, got that part.

What's funny is that the oil did not !!!! Down the chimmey we will go !!!

Ho Ho Ho

;-)

[Palm]

Is the Ho Ho Ho for the chimney Santa Tucker?

[2126]

One of the major points in the MD&A for Q22014 is that all of the following are anticipated to occur before September 30 (less than 7 weeks from today):
1. Spudding Anteleope 4
2. Spudding Antelope 5
3. Completion of Raptor 1
4. Completion of Bobcat 1

[Putncalls]

I think they just said "don't expect much from B+R.

[j4j]

I think they just said "don't expect much from B+R.

you must have listened to a different conf call and looked at a different slide deck than I did.

[Tusker]

Is the Ho Ho Ho for the chimney Santa Tucker?

Happens when people get "extremely excitied".