GREY:ENGFF - Post by User
Comment by
steadfaston Jun 22, 2010 9:13am
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Post# 17209707
RE: RE: Question re Seismic
RE: RE: Question re SeismicPassportcheck:
Thank you for your answer
1. You have confirmed my thought, we have to wait for the prospective resource report which will
follow the seismic report.
2. Yes, I agree 100M should be the minimum. I have just re-read a 2005 Interview Bullvestor conducted
with Jeff. Jeff advises ENG business plan is to acquire and be involved in high impact properties,
we are looking for Giant Field potential. He goes on to say a "giant field" is defined by AAPG to be
500 million barrels or more. At that point he was working on 4 projects in Africa, any of which could
be a company maker on its own. So - perhaps Lotshi has the potential of 500M+.