SGC 25.0% 0.5¢ sacgasco limited

Ann: Borba Operations Update and Prospective Resource, page-69

  1. 165 Posts.
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    Profit. Fair question.

    They refer to the Borba structure as multi TCF and not just one well. No single well on the planet contains a TCF but a discovery validated the tech assessment to extrapolate to a TCF. A
    . TCF on a barrel of oil equivalent (BOE) is about 150 million BOE which is a world class number.

    Not it sure I explained it well enough however reserve and resource assessments are always complex, as we all follow the SPE guidelines and it takes a career to actually understand the combinations and permutations of resource assessments.

    The Captain.



 
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