RE:New ValueTheMarket Company ReportThe report states that prior to drilling, the following projections existed.
" Ortoire West presents a much larger opportunity than Corosan. It is estimated to hold net combined contingent and prospective unrisked resources of 7,184MBOE in the best estimate case and 20,958MBOE in the high estimate case. To provide a true sense of scale, the NPV10 for Cascadura’s combined contingent and prospective resources sits at C$108.9 million in the best estimate case and C$343.6 million in the high estimate case (both net)."
I Have to wonder if prior to drilling those were the numbers with 200 feet of expected pay zones, what the projections must now be with 1,000 feet of discovered pay zones. Much higher I am thinking.