ADX adx energy ltd
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some amusement while we wait

  1. IFINO
    784 Posts.
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    09/11/11
    13:23
    Post #: 9261453
    Crude Oil and Live oil are one and the same.
    Both release gas when released to atmospheric pressure.
    And will go bang.

    For those with a mathmatical bent.
    Calculating STOIIP

    The actual formula can be found at the following

    http://en.wikipedia.org/wiki/Oil_in_place

    I hold XST

    Cheers and good guessing.
    ADX Price at posting: 9.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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