EKA 0.00% 45.0¢ eureka energy limited

By my calculations, 41m of oil shows in Turkey and still in...

  1. 634 Posts.
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    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?
 
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