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21/03/06
14:20
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Puffin 9..... how much oil could we have?
Gaffney, Kline & Assocs estimates somewhere between 6.2 and 21.6 mmbls of recoverable oil. 12.1 being the best estimate. (P50)
They rated this hole a 60% chance of being successful, so there is no reason to doubt their numbers.
Puffin 7 and Puffin 8 have recoverable reserves of appox 14 mmbls Puffin 9 could increase this to 26.1 using P50.
Blue sky here. Only those after a quick profit now are selling.
Good luck to all.
biddles
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