HDR hardman resources limited

net oil within the 10-40% range, page-12

  1. 20,399 Posts.
    How about ....

    40 km2 x 100m deep at 25% net/gross x 5.5 bls/m3 x = 550 million bls OIL.

    That'll do me.

    Now HDR's share (21%) x $25 net / 650 million shares = $4.44 to be added to the share price.

    Sweet ....
 
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