ELK elk petroleum limited
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what is 11.4 million barrels of 2p oil worth, page-6

  1. double bay king
    4,058 Posts.
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    16/04/08
    11:47
    Post #: 3592219
    2p for the entire 23m boe would be a best case scenario. afterall it is utilising tertiary recovery techniques.
    being realistic i am expecting the majority to be in 3p because of doubts over reliability of tertiary recovery methods. this is what the MD was expecting when i spoke to him last year in october (face to face). you can confirm this for yourselves for your DD...
    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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