25 cents, page-31

ahh thansk mate just saw it as u stated as below

its not about cross promotion but about comparing companies and speculating on their potential so dont be afarid to post and share with all.

its ok if you cant provide any references but thanks for sharing...

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$1 is an estimate for "contingent resources"

Contingent resources are resources that are potentially recoverable from KNOWN accumulations

In other words, they have to find something.

Also even if they do find something with their first hit they, the resources wont automatically become 5 billion barrels (lol). It will take many many wells to prove that up which is why they need a strong JV partner with deep pockets.

WHN could make something of itself one day, no doubt, but its clear to see that many here are clueless when it comes to oil/gas. No offence intended.
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