Folks I actually believe it is 1.5 billion in recoverable. Probably more. Remember we are talking a column over 100metres depth, 70,000 acres, 4 way dip.
This is a mother load and would probably have the NW declared a new zone.
Risk is that getting out in over 1000mtr of water will take some engineering - but hmm @ 70 per barrell that would make some 105,000,000,000 USD worth of oil [at retail]. That buys a lot of engineering.
Rocs share would be 375 million barrels. Thats nearly 5 times size of Chinguetti by way of comparison.
If they hit will quardrouple the value of company immediately.
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