GREY:WEIIF - Post by User
Comment by
courtninjaon Sep 27, 2016 12:49pm
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Post# 25282121
RE:"Groundwork Already Underway On Italian Well"
RE:"Groundwork Already Underway On Italian Well""Work in 2013 by the oil and gas reservoir evaluation specialist, ERC Equipoise, confirmed Badile as a potentially high-impact prospect.
It reckoned it was worth more than £400mln if hydrocarbons were uncovered in the quantities anticipated.
The figure was based on a gross prospective resource of 178bn standard cubic feet of (bscf) gas and 12mln barrels of gas condensate. That was a “mid-case” estimate. The high and the low cases were respectively 673bscf and 46bscf."