02-17-2015, 03:22 AM
The company states the purpose of the new drilling was to prove out the GLJ numbers or raise the GCA numbers . That's exactly what is happening . I was told many believe IOC will receive a number near the mid GLJ estimate without Ant Deep . Or a payment in the $2 billion range .
Phil thinks 12-15 T's or a higher payment with movement from 3c to 2 and 1 c . It's not bad news but good news .
Does a payment of this size indicate a buyout offer from others???
Phil thinks 12-15 T's or a higher payment with movement from 3c to 2 and 1 c . It's not bad news but good news .
Does a payment of this size indicate a buyout offer from others???

