Prospective ammount conventional oil. "Iceing on the cake" theory..
Hi guys been a holder of 88e for a while now. Very excited like we all are about the pending announcments. Lots of speculation arround how much conventional oil.
Convential oil is the iceing on the cake, but how much is there? So i have a theory..
On a typical cake ( ie birthday cake) we have between 5 and 10 percent icing. So we have potentialy 3.4 billion barrels oil. So can we assume that 5 percent of 3.4 million should be the estimate. So minimum of 150 billion barrells based on the "cake theory"
Prospective ammount conventional oil. "Iceing on the cake"...
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $46.48K | 23.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 474 | 1305395133 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 23140122 | 3 |
View Market Depth
| Last trade - 15.57pm 17/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |