TPT
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0.00% 0.9¢ tangiers petroleum limited

Drill Progress, page-29

  1. moppo
    836 Posts.
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    30/07/14
    19:18
    Post #: 13740785
    IM reasonably certain that it is the estimate of oil in place OIP mutiplied by the chance of success
    So 1000000 estimates OIP divided by chance 25% 250000 unrisked

    Happy to be corrected if not right
    TPT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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