Hhhhmmmm the million dollar question what is the magic number...lots of thoughts going around in my head.
Dempsey was estimated at 1 TCF and Borba has been referred to as 'Dempsey on Steroids' . The seismic is showing that Borba is significantly more 'gassy' than Alvares which has been estimated at 2.4 TCF. GJ has referred to the Borba seismic as the most anomolous he has seen in the Sacramento Basin to date etc etc.
When i look at the Borba seismic vs Alvares seismic (2.4 TCF) Borba looks to be SIGNIFICANTLY LARGER.
But alternatively the reports is being done independently, will they be conservative with the numbers as they have to sign off on it.
Hhhmmm i am going to say it is somewhere between 7 and 8 TCF...in that case put me down for 7.5 TCF (wont be surprised if it is significantly higher or lower though).
SGC Price at posting:
11.0¢ Sentiment: Buy Disclosure: Not Held
