Give us news, page-41

http://www.nextoilrush.com/can-88e-unlock-worlds-next-multi-billion-barrel-oil-play/

OK so the MULTI-BILLION should give a hint K.

The companies numbers that they go with r the Degolyer and Mac number which is around a BILLION bbls over the previous hold of 270,000 acres based on 180' payable HRZ.

They now hold, THE WHOLE OF THE SWEETSPOT post their recent acreage aquisition t0 690,000 CONTIGUOUS acres)as referred to in the UK presentation by Paul Basinski, the main buyer of acreage for Conoco Phillips in the Eagle Ford.

That's 2.5 times what they held previously.

Simple maths tells U they potentially have 2.5 BILLION bbls over their new acreage based on the D&M number.

BUT the INTERNAL number is A LOT BIGGER and this is NOT based on statistical mumbo jumbo as is the D&M number. Its based on factual/scientific petrochemical study of on trend wells by one of THE unconventional trailblazers in Paul Basinski .

THAT number is 2.6 BILLION + !!!

And this is not taking into account the NEW ACREAGE or the THICKENING of the HRZ to the east. Its a simple extrapolation of the homogeneous natured HRZ.

Now multiply 2.6 x 2.5 and then reduce for 40% non acreage payability and one gets around

3.5 to 4 BILLION bbls over the 690,000 CONTIGUOUS acres.

Too optimistic K ?

Have a look at the video of the last UK preso.

These guys have a tendancy to overdeliver but underpromise. Observe the MD restraining the petrogeo in Paul Basinski.

Observe the understated drilling annmnts.

Being flashy is not what these guys are about unless U r talking Icewine results which speak for themselves to date.

d.