AZA anzon australia limited

up 9% buyers drying up, page-18

  1. 1,071 Posts.
    re: manta 2 - oil bearing sands up 25%
    lets take a moment to cast our minds back to Basker 2 drilling report announcement 19/9/05... flagged !! price senstive.

    The electric logs identified 21 metres of net hydrocarbon pay (compared to 22 highdrocarbon metres identified in Basker 1)

    The Basker 2 drill ended up increasing reserves around 30% from 23mbbls to 30.1mbbls see announcement 24 October.

    Now back to Manta 2....we have a 25% increase in oil sand, surely this will increase reserves? is there aomething I am missing?
 
watchlist Created with Sketch. Add AZA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.