QPN quest petroleum nl
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7.5% free carried amazon target 125mbls oil eq

  1. young-trader
    7,117 Posts.
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    30/07/10
    12:27
    Post #: 6962472
    Read the quarterly

    QPN have 2 7.5% free carried interests

    One called Amazon and the other Thames

    The Amzon prospect is targeting 450Bcf-600Bcf of Oil + 45M-60M bls of oil or an Oil Equivalent target of 125M bls

    at $20/bl In Ground Value thats an IGV of around $2.5Billion for Amazon

    Well will spud in Sept and is sure to create imo a large BESBS type action
    QPN Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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