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spoah field

  1. danpech
    3,462 Posts.
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    25/03/13
    23:53
    Post #: 11585671
    Latest research from Citi states PETRONAS attributed 100 million barrels oil and 200 bcf gas in place with the initial discovery well.

    Spoah-2 confirms the eastern extent of the hydrocarbons in the field.

    Obviously depending on he recovery rates, the four field development could involve a significant oil and gas reserve, possibly orders of magnitude larger than Beibu.

    cheers

    Dan
    ROC Price at posting: 52.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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