PRM prominence energy limited

Ann: Investor Presentation at Good Oil Conference, page-7

  1. 3,730 Posts.
    lightbulb Created with Sketch. 137
    hi all
    I don't a have deep understanding for oil industry, from the presentation, PRM said It has a previously produced T1 zone which has 2P Reserves of 331kbbls net from well-1, NPV10 US$6.3 million at US$55/bbl. Present oil price is ~US$70/bbl?

    and T2 has >70% success for a 1.8-4.1MMBBls recoverable???

    how much PRM sp will be if it is a success?

    Tks




 
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