TSXV:CVI.P - Post by User
Comment by
CalifDreamingon Apr 06, 2011 12:27am
335 Views
Post# 18391256
RE: Shocking. New presentation out
RE: Shocking. New presentation out.
Slide 20 is a real eye opener - suggesting 400MM OOIP at Hiswah with potential for 35% recovery, boosting potential recoverable to 140MM bbls.
.
Love the recycled/outdated slides - so effin typical of these bozos. slide 21 predicted Al Roidhat would be in production December 2010. Ras Nohmah is predicted to be in production in April (ie now).
Interestingly, on Slide 12 they say commissioning of the TOF in May - is that merely wishful thinking or have they finally got a realistic handle on the issue? (I strongly suspect the former).
.
Calling for first well in Ethiopia in late 2011/early 2012. Wonder how far off that estimate will prove to be - mid '12 will be a minor miracle with these jokers