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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CusterInvestor who wrote (93775)	11/20/2007 9:55:48 PM
From: elmatador	Read Replies (1) of 206159

Plateau? "The find is a slap in the face for those geologists who said there were no more large oil provinces to be found, especially as it comes soon after the large discovery in the Bay of Bohai off the Chinese coast." petroleumworld.com I went once to the Saudi desert to dig Rose stones. Then I went back home to read about how they come to be. Now we know that those evaporites happens at different depths. Here where I am the sea bed has been raised (in front of my window up to 4.700m above sea level. As a result the south between Iran and Iraq and across the Persian gul is full of oil. In the North -beyond the Alborz, lies the Caspian where other oil and gas provinces lie. In places where the sea floor is still there, under the water, and has not been raised like Saudi, Iran and the Caucasus, the oil in the evaporites are buried deep in. It is a matter of devising the tools to 'see' through water, rock and salt. If the price is right, it is economic to get that oil. Therefore, peak and plateau is only for near the surface oil. Deep in there it is awash with oil...

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