MEL 0.00% 0.5¢ metgasco ltd

kingfisher contingent resource estimate

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    More to come folks, another 108 metres if confirmed will put a rocket under share price. I guess that carrot will be released after the sell off once everyone has their SPP.

    These contingent resource estimates are based on defined P90, P50 and P10 areas with a combined total of 30.3 metres net pay. Wireline logging indicates that an additional 108 metres of possible gas bearing sand was intersected in the well that could increase the total
    resource to levels consistent with the predrill Original Gas In Place (“OGIP”) estimates (P50 – 82 Bcf, P10 – 831Bcf).
 
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