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bhumiartha

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bhumiartha

Re: golfboy post# 1384

Wednesday, 04/09/2014 9:02:42 AM

Wednesday, April 09, 2014 9:02:42 AM

Post# of 2595
Steaming in April, according to PanOrient press release out today, with production in July:
http://finance.yahoo.com/news/pan-orient-announces-2013-end-123000668.html
Have a look at their reservoir evaluation. Add in the DWOG holding, and there's 450 million barrels of recoverable bitumen down there.
From the release, looks like DWOG repatriated the over-riding royalty on their lands from Andora. All good news. Now that POE is reporting, it's basically speaking for all three companies (Andora is operator) which may be why our guys don't have a release of their own.
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