ezy,200mmb will be quite difficult to happen IMHO....but if it...

ezy,

200mmb will be quite difficult to happen IMHO....but if it does ....man o man...... you can see it at dollars not cents IMHO !

I don't know how much but...... LMFAO! I love to dream !

have a great weekend and take care speak later......

Drill Marina 1 to test 50 mmbbl recoverable
• Potential 235 mmbbl in place
• DLS funds 15% retains 35% WI

So say......35% of 200 mmbbl @ $80 a barrel = $5.6 billion
Last Friday's close at 16.5c = Market cap $77 mill

35% of 50 mmbbl @ $80 a barrel = $1.4 billion
35% of 50 mmbbl @ $70 a barrel = $1.225 billion
35% of 100 mmbbl @ $70 a barrel = $2.45 billion
35% of 200 mmbbl @ $70 a barrel = $4.9 billion

Drillsearch reckons Marina could contain more than 200 million barrels of oil equivalent. Its partner in the well — ExxonMobil, no less — isn't saying what it believes the potential is but the oil giant is obviously not interested in wasting its time by drilling anything but a significant target.

Marina is in WA-318-P, about 250 kilometres west of Darwin in a water depth of 65 metres.

Proposed total depth is 2350 metres, so if it all goes to plan, Drillsearch should know within three weeks of Marina's spud-in date whether it's on to a company maker or not.

The well will target three potential reservoir units where hydrocarbons have been discovered in adjoining permits, most notably ENI's Blacktip field, 60 kilometres to the east.