look who was right

Hartleys report today. Please note the excess of 8 billion barrels + the other leads.

WHL Energy Limited (“WHN”, “Company”) has reported the results of an independent review by Netherland Sewell and Associates Inc (“NSAI”) for the Company’s 100% owned acreage offshore Seychelles. The review of the top 21 leads, as identified by recently acquired and interpreted 2D seismic, has indicated total unrisked Mean Prospective Resource of 3.4 billion barrels of oil (potential recoverable oil). The P10 potential recoverable volume is in excess of 8 billion barrels of oil.

Significantly, the potential of the Beau Vallon structure has been confirmed at 992 million barrels of mean prospective resource.

Several less mature leads were not included in the independent review but remain prospective and continue to be internally analysed by WHN.