This is from Crab hunter yesterday:
“From my understanding the estimate of 88 million barrels could be ~6 times higher = 440 million barrels. This is for the upper sheet only and based on 5% recovery rates, which maybe a conservative figure within its self. ”
The team at AGM and CEO in past two webinars from two weeks ago specifically say they are looking to appraise 388 million barrels but can be significantly high as well that why there is 440 million barrels as well. This is an appraisal over the 3 zones which are being done simultaneously
388 million barrels is 126 million barrels owned by MAY making it a company worth north of 1.5 billion dollars. They have the trucks, tanks and also the infrastructure ready to go as of last month to bring the production side of things in March
May Chart, page-4112
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| Open | High | Low | Value | Volume |
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