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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Bread Upon The Water who wrote (9862)5/14/2006 2:23:26 PM
From: insitusands  Read Replies (3) of 25575
 
<I do understand that the wells positioning is just one part of the entire process of THAI...>

Bill, it is not just the positioning of a vertical and horizontal well which enforces the patent. It is their use in combination with air injection to create a low pressure sink which in turn allows a short distance displacement extraction of oil through a forward moving fire flood front that is novel and therefore patentable. This has never been done before. Ergo, some person/company cannot simply come along, copy the entire THAI process and simply use another form of air injection (or different size wells or whatever) so as to avoid paying a royalty. If one were to change the nature of the setup by say not having air injection or not having a horizontal well then one would not be infringing on THAI. Of course this changed process would not work either. IMO, it will be virtually impossible for THAI to be infringed upon. When one considers that CAPRI will upgrade the oil being produced close to 30 API the mind boggles at the elegance, efficiency, power and small environmental footprint of this process.

As to whether I'm right about THAI, the market, at least so far, seems to agree with my interpretation of its potential.

Gates invented DOS? No, he bought DOS from IBM for the grand total of $50,000. His parents were successful in business and knew executives of IBM which is how he got his "in".
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