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
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- 7.5% free carried amazon target 125mbls oil eq
7.5% free carried amazon target 125mbls oil eq
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