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no guarantee we wake up the next morning either
You always come up dry drilling in the wrong place duh!!!!
For those companies that's a drop in the bucket. It doesn't mean as an investor you dive into this. Look at past stocks like this one...
caution is the mother of the chinacabinett.We seen similar deals with EXXON and Serbian Oil go awry in Hungary.
but what i like to see is that 2 Majors put their money $200m where their mouths are and taking all the risk on themselves.