07-18-2013, 11:58 PM
A note I just posted on Yazoo:
The short argument had been there was no gas. Then it was the gas was not commercializable (stranded), now it is there are commercial quantities, but IOC is manipulating data to make it look like there is more there. My question - if so, why did they recently allow OilSearch to acquire original seismic data for Triceratops? There are so many holes in this short argument that there is a huge conspiracy to mislead about the quantity of gas ( for instance - three big investment banks and three independent certifiers would have to be involved) that I will call it the Swiss Cheese argument.