EKA eureka energy limited

recoverable reserves 31mmbls p50

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    hi guys

    Koyunlu#1 has a possible recoverable 31mmbls (P50) 204mmbls (P10), 2.3mmbs (P90).

    currently EKA has a 20% interest, which it can increase to 45%.

    also worth noting oil in nearby fields is fairly heavy oil, so don't expect large bopd, perhaps some where around a 200bopd.

    so i'd expect IF successful mulitiple wells..

    lets NOT FORGET (EKA) have a 12% W.I, approx 9% NRI in Sugarloaf well..JVP's ADI, AUT

    worth keeping an eye on it
 
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