High working interest (78% post spud of first well) and Operatorship on very material 98,182 gross contiguous acre position onshore Alaska.
Unconventional 492 MMBO estimated prospective resource* (gross mean unrisked at Project Icewine) To be drilled in October 2015
Conventional 4.0 BBO estimated remaining recoverable** on the Central North Slope Recent nearby exploration success validates world class prospectivity Multiple wells in adjacent acreage have potential to re-rate Project Icewine conventional play
Area (Acres) 98,182, Gross Wells 1,200, Well Spacing (Acres) 80, EUR* per well 1.175(mmbbl), ***Total EUR 1,410(mmbbl)***
The above info was taken from the Sept presentation, but these are the figures for :
1. 98K acres
2. Have no mention of the 'superhighways' and their significance.
3. Total EUR on full field development probably 1,410 mmbbl X 2 = 2,820 mmbbl's as a minimum.
4. They are relying on 3D to pinpoint the conventional finds, but I wonder if they intend to do a VSP for a more accurate figure. (will have to ask Dave).
My point is that peeps question if they should get in where there is slight daily movement and for the sake of a cent or two could lose out on this very huge, unique play in the middle of nowhere.
Every night I can't help but to picture Paul's words - There is nothing like this anywhere else in the world.
Sweet dreams...
- Forums
- ASX - By Stock
- Next Ann?
High working interest (78% post spud of first well) and...
-
- There are more pages in this discussion • 171 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.67M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $21.96K | 8.034M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
273 | 374806090 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 619525200 | 227 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
272 | 364806090 | 0.002 |
298 | 1090935553 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 599525200 | 226 |
0.004 | 273593586 | 116 |
0.005 | 80154762 | 60 |
0.006 | 34540906 | 36 |
0.007 | 21259925 | 22 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online