Dana, production growth a certainty

Wan,
Just a few at present. Have made my mind up about Dana's value and will wait until it gets there. Obviously the quicker the better. Although weakness provides more opportunity to put more money where mouth is.
Also I think the market have got all north sea producers undervalued. My strong belief is that all the currently marginal fields(not marginal at current oil prices) will be developed and make money.
Here's one for the future. I've been told by a reliable source that if China which is expanding rapidly reaches the productivity levels per person of USA in future that the world only has about 15 years worth of oil supplies left.
India is also expanding industrial production quite rapidly. I don't have an estimate of the effects of that but could be very significant also.
regards bomfin