OTCPK:WSRLF - Post by User
Comment by
canadafoxon Nov 01, 2012 2:57pm
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Post# 20551334
RE: RE: RE: Oligocene Test->TYOA
RE: RE: RE: Oligocene Test->TYOA fram; Agree that TLM are not making any friends in Kurdistan. However, they have their restructuring issues and it is striking that one of the very few areas they are retaining after a 50% exploration cut of the 'frontier' is Kurdistan. In their current situation that means they regard it as having a very high reward:risk ratio. As they are trying their damnedest to talk down the deeper zones of Kurdamir it can only mean one thing - they are ultra-confident of the Kurdamir Oligocene. I will be disappointed if the Oligocene flows < 8K bbls/day and that there is less than 800 MM bbls contingent recoverable resource. I hope for much more.
However, I am rumoured to be delusional so DYOR and TYOA ( take your own advice ).