Post by
Bejeezus on May 20, 2014 12:13pm
MIRA IN Advanced Stages of Negotiations in 2013
They might get a good junk from One or two of the Banks.....
Lets Look at a couple of Lekoil Statements in comparison
Otakikpo Marginal Field
2C Reserves 36 mmbl
3 wells Drilled
Tom Shot Bank
2C Reserves 100 mmbl
1 Well drilled
Based on even these minimal facts Mira has a great shot at financing.....
The company expects to Finance 60-70% of the work program through Bank financing.....