HDR hardman resources limited

uganda 100 to 300mbo, page-15

  1. 213 Posts.
    If 6% yields 100-300 mmbbls and potential recoverable volumes of the order of 30 mmbbls then 100% could yield 1700-5000 mmbbls and potential recoverable volumes of the order of 500 mmbbls and that is just the Western Rift Valley margin play in this area.

    http://www.hdr.com.au/documents/news/00477_ASX%20365889%2029%20August%20-%20HDR%20HY%202006%20Report.pdf

    "...Mputa and Waraga...have created an entirely new potential oil province in Uganda and significantly upgraded the further exploration potential of the Western Rift Valley margin play in this area. In the limited portion of the block we have explored to date (~6%) we have already established oil in place of 100-300 mmbbls and potential recoverable volumes of the order of 30 mmbbls..."
 
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