re: yellowbank only worth 3c!!
Yes the problem is that the whole field MIGHT be 5m barrels. (Not yet proven by anybody).
EPE have only earned a percent of this one hole YBC4 by paying for this drill. How much will they get from this one hole? Maybe 200000 barrels going by what YBC2 did.
This is 1 twenty fifth of 5m which is a lot lot less.
I am saying that they have only found 200000 barrels so far and maybe not even that as no-one actually knows yet. they have only earned their share of this one hole!!
EPE Price at posting:
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