WBE 0.00% 0.6¢ whitebark energy ltd

Ann: Quarterly Activities and Cashflow Report, page-3

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  1. 115 Posts.
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    i'm not blessed with the technical knowledge of all things o&g, but i did note the following from the qrtly report on xanadu ....

    "All available data is currently being integrated to estimate the range of total crude-oil in the Xanadu
    structure. The data indicates that in addition to the potential of the up-dip structure previously
    announced, there is now evidence that “down” structure volumes are also present within the​
    currently mapped Xanadu prospect"

    does "down structure volumes" mean that the find may be larger than first estimated [i.e "up dip structure volumes" plus "down structure volumes"]?

    the knowledgeable ones may care to enlighten me, please!

    thx
 
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