BUY 0.00% 0.4¢ bounty oil & gas nl

was just looking at the presentation and regarding Tanzania this...

  1. 7,117 Posts.
    was just looking at the presentation and regarding Tanzania this is what BUY said

    Gas discoveries in Tanzania
    • Kiliwani North 1 production tested at 40 milIion cubic feet
    per day
    • Increased 2P reserves to 1.31 million barrels of oil
    equivalent and contingent resources to 2.5 million
    barrels of oil equivalent with Tanzania and

    1.3M - 2.5M BOE at $20 BOE = $26m - $50m in value

    Though this wont be realised until production commences
 
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