what is 11.4 million barrels of 2p oil worth, page-9

DDK, was he referring to conventail teritary extraction of CO2 flooding. My understanding of the EORI was that using CO2 flooding upto 23m could be extracted therefore 2P. 3P is the additional amount that will be left behind.

While I refer to the EORI as 2P oil, the EROI has not the 'authority' to issue such a claim. Only RS equivalents can. 23m would be the best scenario, but the point i was making that 11.4m is worth well over $300m in another company, so why wouldnt ELK atain a similar value if it achieved a less than best scenario situation.