07-09-2012, 01:31 AM
Pet, thank you very much. Your informed analysis and logical speculation provides much more information than management's summaries. I am sure we would all like to know more from IOC, and then hear your analysis with more data.
I have not been counting on oil at any time from any wells to date, and we don't need oil to get good deals or great numbers. OTOH, like the pony, there must be oil somewhere, and with all the acreage and seismics, IOC will find some in the future. It will be a big kicker in valuations, as it will speed IOC's operating cash flows.
I have not been counting on oil at any time from any wells to date, and we don't need oil to get good deals or great numbers. OTOH, like the pony, there must be oil somewhere, and with all the acreage and seismics, IOC will find some in the future. It will be a big kicker in valuations, as it will speed IOC's operating cash flows.