GREY:EWDYF - Post by User
Post by
Dave4444on Feb 07, 2011 9:56pm
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Post# 18091146
An idea as to potential size of discovery
An idea as to potential size of discoveryJust looking at the size of nearby discoveries:
"PRL 5 contains the Elevala and Ketu discoveries, with gross 2P contingent resources of
408bcf of gas and 26.1mmb of condensate."
If this discovery averaged the same size, then it would be in the 200 BCF and 13 MMb of condensate range, clearly a nice size discovery, plus it adds a lot of confidence to the ability to discover more resources in future drill programs. Life is about to get very interesting for holders of EWD, in my view.