EPG
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0.00% 41.0¢ european gas limited

GAZONORReserves CMM (proven)1P = 49PJ2P = 140PJ3P =...

  1. drwyas
    260 Posts.
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    05/10/10
    10:51
    Post #: 7281172
    GAZONOR
    Reserves CMM (proven)
    1P = 49PJ
    2P = 140PJ
    3P = 380PJ

    GAZONOR
    Resources CBM (contingent, unproven)
    C1+C2+C3 = 5090PJ

    LORRAINE + LORRAINE SUD
    Resources CBM (contingent, unproven)
    C1+C2+C3 = 3900PJ


    That's from EPG's website.

    I agree selling the CMM in Gazonor only to pay out their debt would be superb, but that will leave this company with NO proven reserves.

    I know there's lots of potential in CBM in Gazonor and Lorraine, but they didn't exactly do a good job drilling in Lorraine previously. I sure hope the new management are up to it.
    EPG Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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