SAE 3.45% 14.0¢ salinas energy limited

announcement out , page-2

  1. 1,372 Posts.
    looking "OK" for SAE rather than "very good" I think.
    NSA coming along but early days. Mc Cool - found water- but still hopeful (they always are).
    Paris Valley field work started-good. SAE are in for 50% interest. They estimate 100MMbbl. SAE targeting 25MMbbl of recoverable oil. Does this that there would be 50MMbbl and their 50% is 25?? Or does it mean that 25 is recoverable and SAE gets 50% of that. 12.5MMbbl
    I hold looking forward to seeing that Mc Cool will produce and PV comes good.
 
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