TPT tangiers petroleum limited

TPT got the goods., page-10

  1. 3,078 Posts.
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    For all its worth, said and done my opinion (for what its worth) is that there is oil but where is it?
    So to say our chances are 21% is really excellent considering there has been no commercial finds whatsoever in Morocco.

    So sounds very confusing perhaps?

    Supposedly the probability of a strike is HIGH since the connection IS with discoveries on the other side of the Atlantic. What 4000km away? Yes , but 200 million years the continents were joined but continental drift did its bit to move these apart. So lets say that gives Tarafaya a 5% chance of oil by association of continents,
    Next up to 2-3 wells in close proximity to Tarafaya say there is some oil there. Give this another 15 % for connected proximity.
    So that leaves 1 % for good luck and there you have 21%

    Actually these probability numbers mean nothing.
    Once they hit the 4 dip peak. The results should be quite interesting,
    Apparently the seismics -so they say are fanatastic, so anything is possible if the supposed discovery is made. Great week ahead anyways with more hyping speculation.
    Well worth the gamble for all its worth.
 
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