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#1

Everyone needs to look at the latest upgrade report from Morgan Stanley on Oil Search .

Page 8 exhibit 11.

This is a graph of the rise in the value of the gas at certain key points in time

gas in the ground is worth 50 cents per mcf

gas at FID is worth 70 cents per mcf

gas at first gas production is worth $5 per mcf

gas price still accretes in price after First gas production

This is Oil Search and Interoil has so much more . Like Raptor, Bobcat, Wahoo and Triceratops plus.

All that information about flows, porosity, and logs doesn't mean the gas is commercial . Doesn't move the needle .

Take a sec and see the future and its bright .

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#2
Flows, porosity and logs are the "mcf" part of those numbers, the material part of those numbers if you will.
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#3
I disagree on part of that, jft, and am with Art in that good porosity and flows, especially as shown by extended flow tests, do mean the gas is "commercial" given enough formation volume, which we certainly have.
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#4

'ArtM72' pid='55987' dateline='<a href="tel:1426535 Wrote:Flows, porosity and logs are the "mcf" part of those numbers, the material part of those numbers if you will.

"They could give us all the flows,porosity and logs and we would still not know the numbers. We just have more data to speculate with , right or wrong. The progress towards FID is the most significant for value creation. And tbe Morgan Stanley report details the reward to shareholders in the successful case . "

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