'jft310' pid='64077' datel Wrote:
'admin' pid='64006' dateline='<a href="tel:1446001 Wrote:["I can assure you that people anywhere in the world would die for a 1,112 foot gas column in 100% dolomite. Let’s hope that is what they report after reaching TD."] Yea, thanks for that, Pet. 100% dolomite in a 1112 foot column, as the quality of the rock seems to matter much more, as you argue that 95% of the gas is in the sections with dolomite, this is indeed quite a spectacle to behold!PET has shown the board readers how the estimates could rise and why . This fits with Hession statements that the mid case has become the low case or the high case becomes the mid case . That's 11.8 T's the high case moving to the mid and a payment near $2.5 Billion for the mid case the number we get paid on by Total . So what is the new high case . .?Using 13.7 T 's as a new high case and we don't know how many kilometers of 1100 foot dolomite we are adding this is not an unreasonable guess the payment jumps to $3.571 Billion if proven as P-50. We get paid on the mid case of course .
So we have several kilometers more gas to the West and several kilometers of dolomite to the SE . The estimates must rise .
A former executive guessed we receive on this payment $3-4 Billion . Not out of the realm of possibilities . See PET's work and see why higher estimates makes sense . How much higher is to be determined .
It's a big deal this extra dolomite and It's almost November with the payment due mid 2016 .
Jft - Thanks for your comments on Pet's fine post . If the former executive's guess is even close to the actual amount(and if Total doesn't want to part with that much "scratch" ), do you think we might,at some point next year, become the proud(??) owners of some Total stock ? Just doing some more wondering as the wait continues.