ARPETROL LTD V.RPT

Very Interesting info in 2012 Presentation

[TheRock07]

I just discovered the 2012 corporate presentation, on which the 30 cent target was based.

This was just before drilling the FV well in 2012.

The FV location onshore is very well shown as is the very large ( adjacent ) offshore block that was drilled in 2012.

Note also that the onshore portion of the FV block is also highly prospective for oil and gas....new info for me.

Also, they took a core sample of the Vaca Muertta shale oil block and it had very good shale oil shows.

Plus other info...

The link is here.




https://www.arpetrol.com/sp/press/presentations/052012_3.pdf

[TheRock07]

When you combine these two reports, it becomes obvious that the FV block has considerable exploration upside. In the 2012 presentation, you can see the various  numbered wells that were in the planning stage, as well as the first well which was drilled in 2012. RJ , in its valuation table, calls the FV exploration upside as " FV tertiary exploration" ( ie when fully explored and

[bigzig]

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[2j3kl]

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