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0.00% 45.0¢ eureka energy limited

drilling to resume , page-2

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    648 Posts.
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    08/12/06
    12:01
    Post #: 1987207
    By my calculations, 41m of oil shows in Turkey and still in hydrocarbons.

    Take p50 case of 30mmbbo, valuations look interesting.

    30million x sayA$40 a barrel (discounted) x 45% if option exercised = $540 million.

    What if more than 30m barrels??

    Anyone for an xmas treat of a sugarloaf and turkey sandwich?
    EKA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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