ADE adelaide energy limited
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lessons from inp

  1. Aksier
    12,893 Posts.
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    02/10/07
    08:34
    Post #: 2854281
    Note these are the recoverable reserve estimates from the independent geologist for Jacaranda PEL255. Flow rates of about 100 barrels of oil plus about 2mcf gas per day should be achievable.

    P50 Single Fault 3.2 million barrels
    P50 Multi Fault 20.4 million barrels

    Now I wonder what an announcement of reserves close to the P50 mark will do for ADE's share price. Watch for an announcement due in coming days.
    ADE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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