Comparison of WHL Energy to Hardman Resources
http://www.whlenergy.com.au/Portals/0/presentations/MineLifeResearchNote.pdf
"In Uganda, it has interests in three licenses in the Lake Albert Rift Basin that were gained through the acquisition of Energy Africa in 2004 and subsequently of Hardman Resources in 2007. 1bn barrels of gross (P50) oil resources have been discovered to date, and with many prospects still to be drilled, Tullow believe the basin has an additional 1.5bn barrels of (P50) oil yet to find."
based on quick research HARDMAN had equivalent to 1.5-2 billion barrels
where WHN has potential of max 5.44 billion per lead of 12 leads!!!
65 Billion Barrels- numbers are mind boggling- still way to early of days but it doesn't take long for something to turn up the heat
You do the math-As soon as real potential is realized.. dollar party wont be the only thing celebrating..TIME WILL TELL
I wish i had more time for an indepth breakdown of the takeover hardman and comparisons etc etc.. perhaps someone already has the knowleadge in regards to it anyway...
Good luck
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