Caspian Chief Executive Officer Graeme Parsons said the blocks were extremely prospective.
A number of good opportunities have come out of our recent work. For example the West Mailisu 3 lead, which is 100% Caspian owned, has the potential for up to 25bcf gas as well as 10mmbbls of oil, he said.
Apart from 'Prospective Resources totalling 242million barrels', above mentioned the potential for up to 25bcf gas is commercially big enough?
Any comments will be welcomed.
--------------------------------------------------------- IMO dreadful penny stocks are far more faster to build a wealth than bluechip stocks as long as resource ones under curent resource hungry market.
Regards,
CIG Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
