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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (58921)1/13/2005 2:30:37 PM
From: Snowshoe  Read Replies (1) | Respond to of 74559
 
Why are you comparing one little well in Yemen to the world's largest oil field, Ghawar? What's your point? An oil field is composed of numerous wells.



To: Raymond Duray who wrote (58921)1/13/2005 3:48:05 PM
From: Condor  Read Replies (1) | Respond to of 74559
 
3,200 vs. 20,000,000. Hmmm, you do get my point, eh?

No.
Whatever was all that about?
I was really posting just to Taikun.
Thats like saying don't buy Shell because its annual gross income is only 14 billion vs. the income of the entire oil industry which is $412 billion. You do get my point, eh?

Did you read the rest of the release? I was mostly pointing out the potential for '05. Furthermore how much is TGA producing in Yemen? Whats the market cap of all of Ghawar? Whats the marget cap of TGA?
Ray.....book mark this post and come see me in twelve months time. I'm betting on $ 20 minimum.

p.s. Have you been skipping your DD 101 lessons again. <gg>

Cheers
C