Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by good40on Jan 11, 2011 10:02am
81 Views
Post# 17952842

RE: RE: I WANT REASONS

RE: RE: I WANT REASONSMaysteeler... it says 662 million bbls of Petroleum in Place,  not oil,  estimated if discovered.

If discovered,
then there would be a P50 risk of recovering 132 million bbls,  oil and gas.

A geological risk of 63% means the risk of finding gas or oil,  doesn't mean commercial quantities of oil. Multiply the 63% risk by the risk of finding significant oil,  then by the risk of development. It is less than a 10% chance.
<< Previous
Bullboard Posts
Next >>