annual meeting, page-13

Great story, Derosie, (pasted below for those that missed it) and no doubt true. But offers to sell the Sydney Harbour Bridge come to mind. Or even Nigerian emails.

As I say, there is no reason to doubt the truth of the story. Miracles can happen. If Trinidad comes off then it will be the first time a miracle has happened to me.


"* TRINIDAD
Basically through luck, they have got the opportunity to finally become a producer overnight. The 2 owners of SOCA are very old and frail (one has just come out of a coma),
their families wanted to sell and not knowing how to go about it, asked a Texan analyst, who soon after had a meeting with the guy from Range Resources. Now as stated on this forum, Range would have loved to have got more than 10%, unfortunately they were totally stretched with what they already had, so they brought their mates from Monitor in on the action."

"And now they have the gear and infrastructure to start producing immediately, which has been a small two bit operation upto now. Being blessed with oil, the owners have only done enough to happily live of, without going deep, or south of the fault line..... and that's where the excitement is for Jon, Mark and crew."

"The other little gem they are keen on is Walter, the old German operations manager who runs the show. The drill rigs are amazingly clean because of this guy.He is a very savy operator and has always wanted to do these extra drill holes knowing the potential, but was never allowed, because of the crusty owners that were never interested."