Stand easy Oscarwon ....we all know you took a huge position from Albers in Mog . It's quite disturbing to hear some negative voice that Mog could be worthless if Artemis is dry. Well, Mog is not alone ..... KAR / Meo will have the same consequences if things not turn out to their ways. This is the typical way we go for high-risk high-reward plays. However if you know what you doing then there is actually no risk ?I will be pulling for you all the way. Artemis is a beauty Angel. She has 2 beauty reservoir horizons, we know one of which is quite risky that the other , so there is 6Tcf at one and 6 Tcf at another. That's gives us 2 love-bites at this Angel, making Artemis propects in general terms a great great chance of success.
If HC intersected ....this would be a major major discovery .....much bigger that Pluto with 4.4 Tcf and in dollars, I would estimate worth about $1 per thousand cubic feet. She could worth $12 billion.
Thus it do look like yr Uncle (Albers) has given an outstanding deal for us. Oscar-won by him, OK ? :-)
Only my opinion
MOG Price at posting:
13.5¢ Sentiment: None Disclosure: Held
