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In Australia 18.5 m discovery is a big deal
#10

'Stavros' pid='56785' datel Wrote:That's truly a joke JFT. This tells me that IOC still cannot figure out how to explain to the "Market" what they truly have sitting under their acres. It's giving me two ache'rs if you catch my drift.

Stavros - Good point.Perhaps IOC could explain it this way......Pluto has 4.4 tcf and with the new Pyxis-1 tie-back,they could maybe get to 5 tcf. At E/A with tie-backs from Bobcat, Mule Deer,Whitetail,Raptor, AS and possibly Triceratops they are (potentially and probably possibly) looking at a multiple of 2.5 or 3 times Pluto's total tcfs. This "might" get the "Market" to re-think our value. I would sure hope so. Good luck to you and all our 'patient'longs.

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RE: In Australia 18.5 m discovery is a big deal - by sageo - 04-12-2015, 03:18 AM

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