great announcement!, page-21

123

stop being so childish, you obviously don't like the release cause it is a little more than the oil on your garage floor you said they ONLY had.



Now the they say they have in total 7500 acres with independent geological study of 100 mill barrels, now if they recover bottom estimate, 35% that is a total of 35 mill barrels, a major company maker here.

Now on phase1 alone, they expect to produce 5 mill barrels,
now this is part of the 7500 acres so they work out the % of phase1 compared to the total 7500 acres.

Now they say they expect to peak at 1250, now that could be more or less, you never know until you start drilling and pumping oil.

So it depends on how long they peak at around 1250 barrels a day, could be more or less.

what they are saying is they have quite a bit of oil here,

but if you want them to tell you exactly that they are going to produce 5 mill and 15 barrels over 15 years, then how stupid does that sound eh.

Now you cant understand that they say 12-15 years and then say it is a 20 year project plus.

Let me explain again.

they have 7500 acres, with 100 mill barrels reserve, they in this case are talking about phase 1, part of the whole project, who knows they might take a lot longer than 20 years to do the whole 750k acres, I expect it will.

Understand yet??