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0.00% 14.0¢ molopo energy limited

Ann: AGM Presentation , page-18

  1. senoj
    2,630 Posts.
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    22/11/12
    15:46
    Post #: 11095501
    ellaishani:

    216 wells at 80bbls per day for one year = 216x80x365 = 6.3million. Total recoverable is 324mmboe - divide by annual extraction rate of 6.3 and we have 51.4 years.

    Same process for higher no. of wells.

    Does that check out?
    MPO Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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