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Bullboard - Stock Discussion Forum Passport Energy Ltd PPOZF

GREY:PPOZF - Post Discussion

Passport Energy Ltd > Passport reality
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Post by trumpmaster on Nov 08, 2013 11:53pm

Passport reality

Some day this puppy should get moving, need to hear from managment on the progress of the property and any new properties that might be aquired..

OPPORTUNITY: A resource assessment for the propertywas done by GLJ Petroleum Consultants in April of 2012 and concluded that the best estimate of Original Oil in Place (OOIP) for the Hardy property is >300Mbbl of oil gross (TPIIP)*. At the typical Bakken 4 horizontal wells/section development scheme this property base amounts to 179 gross wells for full development with each well expected to produce >100mbbl of oil.
Comment by trumpmaster on Nov 09, 2013 9:13pm
OPPORTUNITY: A resource assessment for the propertywas done by GLJ Petroleum Consultants in April of 2012 and concluded that the best estimate of Original Oil in Place (OOIP) for the Hardy property is >300Mbbl of oil gross (TPIIP)*. At the typical Bakken 4 horizontal wells/section development scheme this property base amounts to 179 gross wells for full development with each well expected to ...more  
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