I did recorded Peter Strachan on Trading Day last week..
He says around 150sq kilometers ariel extent with 2 billion barrels of oil in place and 'put the glasses down(easily) on 200million barrels of oil recoverable' and further 500bcf of gas..then says 2-3 appraisal wells where recoverable oil can go up to 3 times (600mmbo).
200mmbo would equal around (20%)0.53cps for cvn
600mmbo would equal around(20%)$1.59cps cvn
..and this is just Dorado.
It's no wonder Euroz have a 'buy rating' target $1.00
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