JKA 0.00% 0.3¢ jacka resources limited

silence before the storm

  1. 3,025 Posts.
    lightbulb Created with Sketch. 285
    Just perhaps to wake up some of us from our gloom and doom.
    *BARGOU PERMIT super surprise potential*

    The Bargou Exploration Permit is located in the Gulf of Hammamet in the Mediterranean Sea. The Permit covers an area of 4,616km² with predominantly offshore exploration prospects and leads in water depths of approximately 50 to 100 metres.

    The Bargou Joint Venture comprised Dragon Oil (55%), Cooper Energy (30%) and Jacka Resources (15%).
    Probably the Tunisian Hammamet West Field find will be well in excess of 100 million barrels of OIL.

    Ifand when fully developed - just for HAMMAMET WEST the potential future income for JKA at 15% would be in excess of $150 million?

    ENI Mammoura 12 km away from Hammamet West INSIDE the Bargou permit area BUT excluded - now producing 8000+++ barrels a day plus large volumes of gas per day.

    There are potentially 10 major interest areas within the Bargou Permit yet not touched with exploration.

    My point of posting - EARLY indicators Hammamet +Mammoura areas alone = now potentially 250 million barrels within a selected area.

    The INDICATION is large oil deposits within the area of interest.

    Perhaps Tunisia biggest yet undiscovered oil fields abound in Bargou.

    For now COE perhaps almost giving away their BIGGEST find and potential will eventually be their biggest mistake.
    (Without at least some more risk of some more exploration).

    Unfortunate mistakes in drilling Hammamet West appear be clouding COE thinking.

    Yes expensive drilling but getting it right next time will
    with a rich oil flow should make COE think hard about the region.
    Much more there obviously than anyone might imagine.
    Lets not sell JKA short with any so called takeovers talks from other companies that have NOTHING solid on offer.
 
watchlist Created with Sketch. Add JKA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.