Pennypincher, you have just brought something to my attention that i had completely overlooked! Disappointed with myself for not seeing it, but thankful to you at the same time.
You mentioned the targets of 12B in the Old Park Lane report...
Tullow and SWE have re-modelled exisiting data on our Kenyan 12B permit, and this subsequent modelling has indicated that these conditions have the potential to generate between 12.3 billion and 22.4 billion barrels of oil and 3.1 – 10.7 TCF of gas.
"However, assuming that 10% of the hydrocarbons remain trapped indicates that resource potential could be up to 1.2 - 2.2 billion barrels of oil".
This is yet another similarity between SWE and the rocketing Africa Oil Corp. Tullow will lead SWE to oil as they have with AOI.
I am absolutely convinced that SWE will make a serious push to $1.00.
SWE Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
