Nice report should be able to expect 20%+ increase in reserves just from the change in EUR's.
"To put this in perpective the Reserves Report prepared by NSAI for Aurora provides for a gross EUR of 465 mboe per well within the volatile oil zone that is adjacent to EOG's Eastern Acreage"
"Eur for EOG up 20% to 575 mboe gross" (23% higher than AUT)
"Black hawk EUR's have fallen mostly in the 500-750,000 boe/well range but the last few wells look like 1 million boe.
A $100 million well over 20 years for a 7-8 million investment now thats an investment.
cheers Icharus
Nice report should be able to expect 20%+ increase in reserves...
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