Scotty said that the Cabora Basin is a complex system full of various hydrogen charges. He said some parts are dry and some moist. So we could still find oil. We are only two wells in with not much information, so you cannot jump to conclusions as to the value of the basin until a. We have the flow test results , and b. We have the results from the 3D seismic - which he said could possibly triple the value according to what is found. We just have to be patient and take the opportunity to top up while we can.
Ann: Trading Halt, page-619
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