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Henry explains monetization process
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06-27-2013, 11:21 PM
Makes sense Art. Upon SPA the resource becomes reserves. That SPA is for 4.6T's. That 4.6Ts will represent XOM's % ownership in PRL15 after 6 more delineation wells. Subsequent deals will move resource to reserves. Like raising cattle. Beef them up. Slaughter them. That is when they become Rib-Eyes.
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Henry explains monetization process - by Palm - 06-27-2013, 12:13 PM
RE: Henry explains monetization process - by admin - 06-27-2013, 01:11 PM
RE: Henry explains monetization process - by Palm - 06-27-2013, 02:12 PM
RE: Henry explains monetization process - by jft310 - 06-27-2013, 09:16 PM
RE: Henry explains monetization process - by Tree - 06-27-2013, 09:30 PM
RE: Henry explains monetization process - by jft310 - 06-27-2013, 09:40 PM
RE: Henry explains monetization process - by ArtM72 - 06-27-2013, 10:52 PM
RE: Henry explains monetization process - by jft310 - 06-27-2013, 11:04 PM
RE: Henry explains monetization process - by Tree - 06-27-2013, 11:21 PM
RE: Henry explains monetization process - by Palm - 06-27-2013, 11:43 PM
RE: Henry explains monetization process - by sydbod - 06-28-2013, 11:40 AM
RE: Henry explains monetization process - by Palm - 06-28-2013, 12:13 PM
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