@phonner, look up resources and break out the Kleenex
interesting to see them say Barryroe gas discovery ???
Surely with the current situation TOR should be taking a substantial pay cut ???
@ Jimmy re: this went under the wire, I suspect you didn't even know this yourself until now. You were the very person who said, the independent NSAI best estimate figure of 346m barrels of recoverable oil would decrease as the prevailing price of oil decreased. That makes sense, but it shows an acceptance on your part that NSAI were estimating commercial recoverable reserves at the prevailing price of oil. Last time I pointed out you were technically incorrect on a comment you made about Dunquin, you failed to reply.
@ Sobeit - they're talking about deep water drilling costs. Barryroe is not considered deep water.
@Jimmy24, please correct me if I'm wrong. Was Dunquin North not picked for drilling over Dunquin South precisely because Dunquin North's top seal had been breached, indicating overpressure and it was felt a better chance of success. The top seal at Dunquin North did not fail due to inversion. Are you comparing apples with oranges here?
Does anyone else find it encouraging, given Exxon's involvement in Dunquin, that they've come back for licenses?
@Callasjunkie - do you own any shares in PVR ?
