Potentially recoverable!!! ...you will need quite a few more appraisal wells to make them recoverable at a great % either way if it comes in on the "low case" they have net 20mbbls..... irrelevant and not even worth bothering about Best case and its still 100mmbbls potentially recoverable unrisked!!! even at 70% recoveries that's worth maybe $2-3per bbls in a deal, and they haven't even hit it yet!!! ...with a 37% COS.....based on 2D, with no infrastructure, and none even remotely in the future plans...this could really sting so many who have believed the hype.... but well played to some who decided to exit so they could exit if you follow!!
Potentially recoverable!!! ...you will need quite a few more...
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Mkt cap ! $57.86M | |||
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