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Compass Venture Inc T.CVI.A


Primary Symbol: V.CVI.P

Compass Venture Inc. is a capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has no assets and has not generated any revenues.


TSXV:CVI.P - Post by User

Bullboard Posts
Post by Box927on Nov 09, 2006 11:44am
257 Views
Post# 11648630

Brief Summary of Dubai presentation.

Brief Summary of Dubai presentation.In case some of you did not hear the webcast this is a summary of the presentation. As I was listening I was downloading the slides. 1- Hishwah (oil in Saar/Naifa) 200-400 mmbbls 35 API - company estimate Recovery 15-40% 14-20% Porosity 5-20mD Perm 2- Auqban (oil in Shuqra & Kohlan) 44 meter oil column No oil water contact intersected 38 API oil tested 3- Al Roidhat (oil in Qishn) 4 wells 49 meter oil column in Qishn 20-25% Porosity 500mD-5D Perm 60-100 mmbbls - company estimate Recovery 15-30% 20 well development 4- Al Hadba (oil in Qishn & Saar/Naifa) 5- Qarn Qaymah (gas/condensate in Kohlan) Qarn Qaymah & Area 250-400 mmbbls 35 API - company estimate 14-20% Pososity 5-20mD Perm Recovery 15-40% 6-Ras Noor (oil in Harshiyat) They also mentioned the Granite Wash Play area was defined by seismic at 80 to 100 km2. Anyone want to put their neck on the line and play with the numbers. lol The pending reserves report should be interesting. Regards
Bullboard Posts