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Henry Blodget lies

April 5th, 2010 · 1 Comment

Joining the Minkow rants, they really must be getting desperate…

Posted what looks like a serious article, until you start digging just a little bit:

  • [“it notes that the pay zone is only tens of meters deep.  This is a long way from Interoil’s claim of reservoirs thousands of feet deep.”]

They’re talking about Elk1 here! The net payzone is only 88ft.

The net payzones at Antelope1 and 2 are over 2277ft and 1175ft (see p.15 of IR presentation), with better rock (large parts are dolomitized reef) and much higher porosity (8.8% and 14% respectively)

This is getting silly..

Tags: IOC

1 response so far ↓

  • 1 us2u001 // Apr 5, 2010 at 9:37 pm

    I spent 2 minutes reading the article and knew that someone unfamiliar with IOC had re-hashed some misc information from old wells and then inferred it was Ant 1 and Ant2. How dumb are these folks?

    Hmmm guess I answered my own question lol