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Enron Mail |
I have attached a background piece to brief oil traders on this subject prior
to a possible meeting with them. Please give me any comments on 1) accuracy 2) completeness and 3) coverage of the areas we want to explore. As a side note, I found some info on the web stating current proven oil reserves are 1,000 billion bbls. Discovery of a 1 billion bbl field would add only 0.1 %. While we will pursue the trading advantage option, it is not looking promising that it has great short term value, given the long time frame and high cost of bringing deep water reserves to market. Bob Lee
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