WHN used a recovery factor of 42% in their initial interpretation of the seismic.
In order to get a 4million barrel perspective resource, somewhere in the vicinity of 10million barrels of oil are needed.
with the new leads released today in the NSAI report, there is something along the lines of 12billion barrels of oil there, with just a tad over 5billion barrels recoverable (at a 42% recovery rate).
it's all here: http://www.brr.com.au/event/87074
I suggest you do some research before posting.
Thanks
- Forums
- ASX - By Stock
- ZMM
- 12 billion barrels oil in place target 10c
12 billion barrels oil in place target 10c, page-5
-
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZMM (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.406M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 0.015 |
2 | 26000 | 0.014 |
5 | 407289 | 0.010 |
2 | 430000 | 0.009 |
2 | 182500 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 3 | 1 |
0.020 | 10000 | 1 |
0.021 | 300000 | 1 |
0.025 | 6701 | 1 |
0.032 | 617 | 1 |
Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
Featured News
ZMM (ASX) Chart |
Day chart unavailable