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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by EOIMon Jan 08, 2011 1:55pm
122 Views
Post# 17943738

RE: EOIM - Good40

RE: EOIM - Good40I hope I have answered your question. We have RESERVE as Sterling called it. The field has been appriased by 2 deep wells, C7 and C9 and both hit the prolific Jeribe formation. So because they have been appriased and found to be commercial, we can call it RESERVE. Sterling called it Reserve. GENEL said it is commercial and so is reserve! LFD conservatively called it contingent resources. So I believe we have reserve. You can believe whatever you want because I don't really care. For me, it is reserve that has the potential to increase to 600 million to 8 Billion barrels if we hit in all the other 5 prospects.

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