EXPM:AZBCF - Post by User
Comment by
Cabrio1on Aug 14, 2014 3:16pm
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Post# 22843186
RE:RE:RE:Somethings perculating with AZA....
RE:RE:RE:Somethings perculating with AZA....It's just a ballpark number. If you look at the old presentations, the depth of the VM oil windows, the size of the exporation blocks, and make some rough assumptions, you can speculate rough number:
100,000 producing acres x 1,000 barrels per acre = 100 million barrels of OIL, plus some gas that may or may not be useful.
We should get the Gaffney, Kline & Associates reservoir report in the next month (end of 3rd quarter) per the news releases, and see how close I guessed it.