Re: Siesmic has been completed
in response to
by
posted on
Dec 19, 2008 03:58AM
Edit this title from the Fast Facts Section
I don't know what to make of the current situation MF. I know the demand for oil has dropped but the cost of producing it hasn't, and the world suppy is decreasing, I have a feeling that these low prices are short term.
I think CGX will still JV and drill asap since if they find oil they're still years away from putting that oil into production, and by then I am sure we will be looking at higher prices.
Happy Holidays to You and your family. Zibo.