P90 of 250 is an estimate which says, “if oil is there, then there is a 90% chance there will be more then 250 mmbbls.
P50 of 950 mmbbls says, “if oil is there, there is a 50% chance there will be more then 950 mmbbls”.
Etc, etc
The “if oil is there” statement relates to the probability of geological success.
COS .... whats it mean?, page-26
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $34.36K | 70.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27754 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 24999 | 2 |
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