OTCPK:WSRLF - Post by User
Comment by
vindaloo_u2on Sep 15, 2012 6:43am
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Post# 20366619
RE: RE: RE: kurd oil play
RE: RE: RE: kurd oil play jerros...i'm past the point of being overly excited about cretaceous results. TLM has obviously met it's waterloo with first the K1 then Topkhana and now K2 muck ups in this zone. I'll be happy with any result over 5kbpd. The sooner the KRG forces TLM's kurdish asset sale the better. Maybe a super major can supply the competence that tlm lacks to prove up the cretaceous. K3 will now focus on the oligocene alone which, if proven to the 2860m level, should move our mean contingent (oil only) resources to about 1.3 billion gross or 520 barrels net...once again...these are only the kurdamir oligocene resources and the well should be completed in may 2013.