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6.06% 3.1¢ condor energy limited

one of the few shale plays yet to move, page-13

  1. oz_soarer
    589 Posts.
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    29/03/12
    23:18
    Post #: 9915719
    That's 25% of 7.535 billion barrels (best estimate, unrisked prospective recoverable oil resource). Not too shabby for a company with an MC of $35m.

    Still need to prove commercial flows but most of those gas shale speccies in the WA basins haven't either. BRU of course is in a different league at the moment.
    BKP Price at posting: 1.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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