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To: GeoDude who wrote (673)4/20/2004 9:54:20 PM
From: George Burdell  Read Replies (1) | Respond to of 1338
 
Hey, I'm all ears if you have better info. I work in oil & gas economics, but have no experience in the GOG.

STP block 1 is the best, but that's not the whole story by any means. 30% of block 2 ain't too shabby. A potential billion and a half barrels plus half again in BOE gas is a good thing, no matter who paid for the drill bit.

Operator $ are great, but 30% WI checks clear the bank too. Will they hit $50? Probably not, but I like the risk/reward @$0.90.