Yes VAYAMA it is a classic anticline with oil seeps scenario. "widespread seepage of oil and gas" high quality thermogenic oil seeps. C1-C8 (methane to octane)
These scenarios are highly prospective that is why there are few remaining onshore-they have all been drilled.
That is why TAG called it "a rare beast" and the best prospect they had seen. Onshore possible 200million barrels a very exciting prospect.
From your calculations you are saying 100 bagger. It will be winning lotto if it hits, but much better odds( typical wildat 1/10, post off other site says geo rating on KATE-1 COS(Chance of success of 1/4)...
DYOR
- Forums
- ASX - By Stock
- GGX
- 200million barrel onshore poss 50 plus bagger
200million barrel onshore poss 50 plus bagger, page-59
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.077M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
GGX (ASX) Chart |
Day chart unavailable