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0.00% 1.5¢ samson oil & gas limited

Please check my calculations:Volume = Area x Height = (Pi x...

  1. rcml
    827 Posts.
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    31/05/12
    17:32
    Post #: 10249732
    Please check my calculations:

    Volume = Area x Height
    = (Pi x radius x radius) x height
    = 3.14 x 330ft x 330ft x 220ft
    = 75228120 cubic ft

    Barrels of oil = (Volume / 5.61458) x 20% recoverable
    = (75228120 / 5.61458) x 0.2
    = 2.68 Million Barrels


    I think that is only for 1 interval, right???
    SSN Price at posting: 9.8¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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