88E 0.00% 0.2¢ 88 energy limited

Massive Rerate Tomorrow, page-168

  1. 17,233 Posts.
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    Are you guys reading the same report, seems most here are either terribly confused, just plain wrong, blind or all 3.


    The IRR clearly states the Mean is 985mmbbl at a Mean ratio of 6:1 wet gas/volatile oil over the entire acreage.


    Any figures other than the figures provided by the independent analysis is pure speculation without fact.

    The current Mean recoverable resource from HRZ is 985mmbbl of which the Net amount to 88e (subject to finalisation of purchase of the land) is 763mmbbl.

    Of those 763mmbbl, only around 15% sits within the volatile oil window and 85% within the wet gas/ condensate window (fact).
    Last edited by Warnie: 07/04/16
 
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