Move Now on IOC Chandler

[sageo]

I think your evaluation of the situation has merit, Getitrt. AS has been called an elephant by IOC management and it needs to drilled to see if that is the case. Raptor extends into PRL 15, according to the maps we've seen. And then there is Mule Deer and Whitetail. It may be that there are more undiscovered TCFs in PRL 15 than discovered. Selling PRL 15 before it's well explored seems unwise to me. I think a better strategy would be to see what we've got first.

Thy- I agree with your thinking .....and since Raptor (formerly Raptor/Duckbill) extends well into PRL 15 [as Pet once commented - Raptor could wind up being larger than Antelope ], along with the other prospects you mention and with higher pressures at Raptor (possibly double those at Antelope) and a thicker and deeper formation ,we could be looking at an ANTELOPE 2 in Tcfs. From Brian Spegele's report, Mr.Taureka stated ".....a lot of people are quite envious in Antelope alone". If High Artic ever gets their 115 and 116 "going", we will see some interesting things happening. Lots of luck !  ps - PRL 15 has the potential to be a bigger bonanza than I first believed.

[Tree]

...Or TOT...ring ring ring. Tucker do you speak French?

[Tusker]

The roasting embers of an IOC merge, takeover or PRL15 sale with TOT, OSH or Woodside have been fanned and the smoke is getting thicker.  Hession's earlier comments of 25Ts and more recent pumping Ant-5 :

"Antelope-5 has the best reservoir thickness, quality and fracture density of all wells on the field, which signifies a world-class reservoir,"

TOT PNG boss, Botten and Hession together with O'Neill were at Ant-5 to kick-off testing.  TOT states nada, OSH states Ant-5 is in line with their pre-drill assessments.  Think it's just normal for Hession to be publicly leveraging value to pre-certified resource as OSH and TOT stand mute?

Chandler should make a bid for IOC now.  Goose the pps.  Make IOC more expensive for TOT, OSH, Woodside or JP, CH.

Put your number out there Richard with the knowledge that you don't want the company and that you cannot win if you did. Big Co's aren't speculative.  It is time for energy speculators with inside knowledge of exactly what is underground to make the move for IOC.  Chandler could even partner with Civelli and toss in Mulacek.   Add to the market cap with the failed attempt.  This sets a reasonably strong pps to begin serious talks.

More rumors from PNG.

Never say ....

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[Tusker]

...Or TOT...ring ring ring. Tucker do you speak French?

Ring...ring...   ...   ... Hello? ... Ouuuuu La Laaaaa.

I'm " border="0" class="smilie" src="images/smilies/heart.gif" />'n it.

;-)