EMP 0.00% 1.9¢ emperor energy limited

potential oil reserves , page-7

  1. 491 Posts.
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    Rich52, or other OBL followers

    Just wondering if anyone was able to substantiate your assertions & calculation estimates with your post of 19 Dec 2010, about how BIG this could be for OBL share & option holders.

    I searched Wikipedia "oil in place" but formulas appeared to be in egyptian, so appreciate any feedback you or anyone else has.

    Next question - if your 17 billion barrels calculation makes sense then what's the ballpark "in ground" value bearing in mind what seems to be a relatively strategic location for such "in ground" goodies.

    The next few months could see massive OBL re-rating.
 
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