TSXV:ART.H - Post by User
Comment by
discern1on Apr 02, 2011 1:37pm
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Post# 18377368
RE: kurdistan oil reserve increased from 45billion
RE: kurdistan oil reserve increased from 45billionThe reserve was 45 billion but Dr Hawrami last week increase reserve to 70 billion. What is new now is that he suddenly increase the reserve, it must be a new discovery not yet anounced. He is an oil man with a PhD in Reserve Oil Engineering.
Perhaps instead of a new discovery there are new discoveries. I'm not a greedy person, I would be willing to split the 25 billion increase in reserves with a couple other projects. If VST contributes even 25% towards these reserves I would be ok.
At this point, I would be quite happy with even 5%.