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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Baxter4on Feb 09, 2011 10:31am
195 Views
Post# 18100910

RE: RE: Compare with WZR resources

RE: RE: Compare with WZR resourcesNote for EOIM... Contingent resource is considered non-commercial. 

WRONG, purposly trying to mislead again. Contigent resources are reserves which cannot be produces at this time. The reason they cannot be produced is there currently is no infrastructure in place to be able to produce the reserves. In other words, as soon as a well with casing newer than 75 years old, a GOSP and a pipeline are in place, these Contigent Resources will be upgraded to commercial reserves.
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