8 - 10 cent range... and after the aggressive campaign in q1 2010.... lets try 20 - 50 cent range... keeping hitting targets boys... lets say we continue at a 70% success rate (low by 3d standards) for another 20 targets each targeting 500k oil... that would give us roughly...
.7 * 20 = 14 hit targets
with reserves of 14 * 500 K = 7M bbl
hrmmm not bad but ultra conservative and way to much blue sky DREAMING... lol
even so after the aggressive q 1 anything is possible even the largest find in the basin... fingers crossed...
- Forums
- ASX - By Stock
- ITC
- story telling .i buy.
story telling .i buy., page-12
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)