Indoreservoir, although I have read all of it, I've had little if anything to say about your thesis and extremely voluminous comments and arguments about worldwide POS statistics and your very negative view of IOC's exploration prospects, based supposedly on your superior knowledge and experienced expertise about all testing and drilling everywhere; so I guess I'll add my two cents worth. I hope you meant what you said about having made your last comment about it in this forum, because you have beaten this horse to death to the point that I am sick of it, and sick of your stubborn rejection and seeming refusal to even consider other information and analysis of all the factors and specific prospects. In my humble opinion, based on many years of closely following and studying this company and PNG, all your voluminous comments and arguments are essentially meaningless and worthless compared to the carefully studied information specific to PNG and IOC and its leases and results, seismics and otherwise, and the professional holistic analysis of all that offered by Petrengr1, which lead him to the conclusions that the probabilities of success (or your "POS", which I've heard some people define as "Piece of Sh--") for Wahoo, Bobcat, and Raptor are probably 80 to 90 %.
To the assessment of Petrengr1, I would add the comments of Dr Hession on the subject, which I did post previously on a related thread; and I feel sure he is more qualified on the subject than you, Indoreservoir.
FWIW, your extensive negative comments and assessments about all this have been used by short bashers trying to scare people and influence them against IOC and its stock. You've been working very hard against your own interest as a supposed shareholder, and if you are and believe everything you've said, I don't understand why you would continue to hold the stock as the drilling proceeds. I am not against all sometimes deserved criticism of IOC, although I believe it applies almost entirely to previous management so far. However, I say you are dead wrong on this, and frankly you've pushed it so hard I can't help but question your position and motives at this point.
To the assessment of Petrengr1, I would add the comments of Dr Hession on the subject, which I did post previously on a related thread; and I feel sure he is more qualified on the subject than you, Indoreservoir.
FWIW, your extensive negative comments and assessments about all this have been used by short bashers trying to scare people and influence them against IOC and its stock. You've been working very hard against your own interest as a supposed shareholder, and if you are and believe everything you've said, I don't understand why you would continue to hold the stock as the drilling proceeds. I am not against all sometimes deserved criticism of IOC, although I believe it applies almost entirely to previous management so far. However, I say you are dead wrong on this, and frankly you've pushed it so hard I can't help but question your position and motives at this point.