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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: JungleInvestor who wrote (562)	2/28/2001 12:08:17 PM
From: Aggie	Respond to of 23153

Jungleinvestor, hello. I've heard of DeGolyer & MacNaughton, and I believe they are well thought of. I haven't heard of the other outfit, but anybody who predicts 9 billion recoverable as a minimum, based on a limited number of appraisal wells(I'm guessing 1 or 2?) - probably still has his day job selling internet IPO's. Bear in mind the hooplah surrounding the Caspian play right now, on a comparatively unambiguous simple structure in a easily identified stratigraphic basin, has been estimated at 20-40 billion barrels, based on structure size. But You'll notice the players have been mum about reserve size estimates - until they get a few wells in. Even with the mystery, the discovery has been given a lot of press, hasn't it? Be Careful Out There. Aggie