re:unx p50#s for orange basin
The prospective resources estimates from the updated D&M Report for PEL 2713 are summarized in the following two tables:
Table 1: Gross Prospective Resources - PEL 2713
| | | | | | | | |
| Description | | P90
(Low est.) | | P50
(Best est.) | | P10
(High est.) | | Mean est. |
| Recoverable Oil (MMbbl) | | 2,447 | | 6,042 | | 14,596 | | 7,527 |
| Recoverable Solution Gas (BCF) | | 263 | | 1,018 | | 4,307 | | 1,911 |
| Recoverable Gas (BCF) | | 3,936 | | 10,385 | | 22,570 | | 12,117 |
| Recoverable Condensate (MMbbl) | | 131 | | 493 | | 1,393 | | 659 |
| Pg Adjusted Recoverable Oil (MMbbl) | | | | | | | | 2,134 |
| Pg Adjusted Recoverable Solution Gas (BCF) | | | | | | | | 543 |
| Pg Adjusted Recoverable Gas (BCF) | | | | | | | | 4,241 |
| Pg Adjusted Recoverable Condensate (MMbbl) | | | | | | | | 231 |
| | | | | | | | | |
Table 2: UNX Net Prospective Resources - PEL 2713 (90% Working Interest ("WI"))
| | | | | | | | | |
| Description | | P90
(Low est.) | | P50
(Best est.) | | P10
(High est.) | | Mean est. |
| Recoverable Oil (MMbbl) | | 2,202 | | 5,438 | | 13,136 | | 6,774 |
| Recoverable Solution Gas (BCF) | | 236 | | 916 | | 3,877 | | 1,720 |
| Recoverable Gas (BCF) | | 3,543 | | 9,347 | | 20,314 | | 10,906 |
| Recoverable Condensate (MMbbl) | | 118 | | 443 | | 1,253 | | 594 |
| Pg Adjusted Recoverable Oil (MMbbl) | | | | | | | | 1,921 |
| Pg Adjusted Recoverable Solution Gas (BCF) | | | | | | | | 488 |
| Pg Adjusted Recoverable Gas (BCF) | | | | | | | | 3,817 |
| Pg Adjusted Recoverable Condensate (MMbbl) | | | | | | | | 208 |
| | | | | | | | |
UNX got 700+ million...for the entire company I'm doing more DD but just initially.. EOG looks to have a lot more potiental in the hot areas interms of p50 #s. The above is just for the orange basin for unx.. they had a total of 21 blocks I believe... but the orange basin held the most promise according to hrt. EOG at 35+ million marketcap is a pretty good bet here..I'm thinking its going to attract some big players at such a low valuation and big potiental. If it caught my attention... I'm sure there are much smarter people controlling a lot more $ that will make this go BOOOOOOM! ^_~