There is a lot of oil down there..........great presentation...

There is a lot of oil down there..........

great presentation below for all the details


http://www.panorient.ca/2007PPupdated-Oct-22.pdf

Area/Prospective Resources (100%):
– Low: 8.69km2/ 14.3MM bbls
– Mid: 12.5km2/ 24.4MM bbls
– High: 15.76km2/ 41.3MM bbls

Estimates are for only 1 of 4
potential zones

Area/Contingent Resources (gross
recoverable):
– Low: 1.57km2 / 3.2MM bbls
– Mid: 2.37km2 / 5.6MM bbls
– High: 3.65km2 / 9.2MM bbls

Area/Prospective Resources (gross
recoverable):
– Low: 2.68km2 / 5.8MM bbls
– Mid: 4.73km2 / 9.7MM bbls
– High: 5.96km2 / 15.9MM bbls

Area/Prospective Resources (gross
recoverable):
– Low: 4.44km2 / 5.3MM bbls
– Mid: 5.40km2 / 10.1MM bbls
– High: 6.15km2 / 16.2MM bbls

Area/Prospective Resources (gross recoverable):
– Low: 2.58km2 / 9.0MM bbls
– Mid: 8.84km2 / 17.1MM bbls
– High: 16.26km2 / 29.6MM bbls

Area/Resources (gross recoverable):
– Low: 0.6km2 / 0.2MM bbls
– Mid: 0.6km2 / 0.3MM bbls
– High: 0.6km2 / 0.4MM bbls