OTCPK:WSRLF - Post by User
Comment by
canadafoxon Jan 11, 2012 6:15pm
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Post# 19393731
RE: RE: RE: RE: RE: RE: RE: The potential doesn't
RE: RE: RE: RE: RE: RE: RE: The potential doesn't WZR's current return is not connected to the PSC terms. They get all the revenue at the moment via dispensation from the KRG. The PSC will kick in when the KRG can deliver their side of the bargain. The company's NRs tell it all so no need to believe anything I say. Like everyone, I'm waiting on MQ-1 tests which the company have always indicated as a best guess to be around 2-3000 bbls/day. This is E&P however and anything from zero to hero can result.