That GCA report

[jft310]

One of my dear friends was Sal Illaqua who has passed on. He was an analyst for IOC for years.

Sal and I discussed the GCA report which had 37 pages and only 9 pages were leaked on yahoo. Yes GCA stated IOC had 6.5

T's in the released pages but Sal read to me a part of the rest of the report not released and it stated IOC they thought with two

more wells drilled IOC would have over 8 T 's . I find it fascinating that they are now drilling two more delineation wells to get the

higher GCA number

we hope and to be drilling an elephant that may be an as large as E/A within PRL 15. With no cap on the upside.

[admin]

In fact, one of these wells is already drilled and that was antelope 3, and since that was a rather big success, GLJ numbers will hardly have come down.

However, I think we might need to delineate the field a bit (and it looks like they're going to do just that with the upcoming well), but let others with more knowledge but in here.

[jft310]

In fact, one of these wells is already drilled and that was antelope 3, and since that was a rather big success, GLJ numbers will hardly have come down.

However, I think we might need to delineate the field a bit, but let others with more knowledge but in here.

f

yes Admin thanks for that  I am aware that Antelope 3 was not included on the GCA estimate but others may not be so aware

further O 'Neil has stated this is a two train project if like PNGLNG then IOC must have at least 9 T's today

further rumor is that another GCA report was completed after Antelope 3 but none of that has been released. Might be the basis

for O'Neil's two train comment