HDR hardman resources limited

targets miocene or cretaceous?, page-18

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    re: targets miocene or cretaceous - xmagx Hi xmagx
    Yes I have a hard copy ofteh DeGolyer and McNaughton report. The 5.6bn bbls is teh number they quoted on an unrisked basis. The risked assessment was from memory 762m bbls. Of course that would have to be updated based on the more recent discoveries and the increased success rates that have been experienced in the Miocene.

    That consultants report was done before any drilling has been completed. I think the Chinguetti well was in progress. The number of leads and prospects would have been refined since then, but I have no idea how many, or how big they now are.

    regards
    DF
 
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