MEO 0.00% 0.0¢ meo australia limited

Like to see the science/evaluation methodology for the statement...

  1. 9,131 Posts.
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    Like to see the science/evaluation methodology for the statement that "SRK have estimated the P50 Prospective Resource of 114.5 million barrels Unrisked OOIP".  Hell of pipe dream - if you are making this statement you would provide a bit more info/rigourous analysis of those estimates.  In any event OOIP is code for 'pie in the sky' and just a guess and no idea actually how much of this will actually be p50/p90 (actually doing a JORC based code type analysis).  Presume SRK is this mob:http://www.srk.com/en?gclid=CMOktPPR18QCFYyWvQod2DcAzA

    DYOR and just my opinion.
 
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