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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Post by Kevin987on Aug 08, 2014 8:26pm
125 Views
Post# 22824451

STATEMENT OF RESERVES DATA: RPT's Proven Assets Value

STATEMENT OF RESERVES DATA: RPT's Proven Assets Value UNPROVEN.    
Unless they have proved an oil/gas field with many producing wells, reserves data are practically useless because the science behind reserve data is prone to high margin of error. 
Some people are really desperate for a pump and dump here.  
They talk about reserves data, processing revenues, offshore drilling. Give it a break.  


 
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