Ann: 11.04.27 Devonian Reef-Platform Complex Oil , page-4

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  1. 7,728 Posts.
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    re: Ann: 11.04.27 Devonian Reef-Platform Comp... "The Company now has 6 billion barrels of oil in unconventional resource potential at �mean� level independently reported in the Amadeus and Southern Georgina Basins as well as a significant number of conventional oil prospects and leads with �best� estimate UOIIP assessed in house of over 10 billion barrels."

    "6 billion barrels of oil" multiply by a conservative profit to CTP of $10 per barrel = $60 billion MC, current sharses say 1 billion = $6.00 per share

    Yes I know that they are rough figures, but it gives and idea of what the shares may be worth within the near future


    CB
 
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