TPT 0.00% 0.9¢ tangiers petroleum limited

I didn't post it on TPT as most may have already seen it, it was...

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    I didn't post it on TPT as most may have already seen it, it was from the Jeffries industry note back in April

    http://www.puravidaenergy.com.au/media/media/Jefferies_Morocco_Note_April2013.pdf

    but ill just copy the whole post

    "been reading a bit about the bio-degradation in the upper Jurassic in the juby cap, the general consensus is that it's a localised issue, (even though only 2 wells for control)

    Also to note that the upper Jurassic heavy oil, may have well been light oil, as Genel thinks it contains 15-20% light oil.

    anyway thought id share it, also a little bit on how favourable the terms are for any find. a 100mbl find in Morocco has comparable NPV to a 200mbl find in Nigeria (just about double)"


 
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