SL1 0.00% 0.0¢ symbol mining limited

upgrade from africa oil, page-4

  1. 2,313 Posts.
    Nicely put SuperM.

    I had forgotten to mention the delayed response.

    Very common indeed.


    With regard to the Africa Oil Update....I had another look...Exciting schnitzel.

    Check out the Prospectivity and risk tables...

    Mate....9 Billion Barrels ...from one hole...flaming heck, jeepers, blimey even :)
    (I really want to put some other gasps of exclamation)

    Summary of Prospective Oil Resources as of July 31, 2013

    Kenya (MMBL)Unrisked Gross/WI/Unrisked Net/ Risked Net
    Block 9 1,598 50% 799 96
    Block 10A 376 30% 113 14
    Block 10BA 9,836 50% 4,918 374
    Block 10BB 2,364 50% 1,182 302
    Block 12A 3,779 20% 756 38
    Block 13T 2,174 50% 1,087 382



    Kenya Only.....if SWE's 12B has just a fraction....But it is already knowledge that 1.2 to 2.2 Billion Barrels might be in 12B....and that's only assuming 10% of 22 billion barrels has been trapped.

    Does not include any Gas potential.

    Just a matter of time...patience :)
    12B MT Survey to start soon.

    We just have to sit and wait for the Region to value us at the moment, whilst we work on Tanzania seismic and further applications.


 
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