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Tuesday, April 11, 2006 11:38:19 AM
I took the scale on the Afren chart and guestimated the area covered by fields A, A1, & A2.
It's pretty close to 50 sq mi.
In a previous post I calculated to oil content of a round field (10 mi diameter) with an average net pay of 300' and came up with 11 bbl using 10% porosity.
Multiple posters have indicated that porosity is likely to be closer to 20%. The 10 mil diameter example is 80 sq mi, so A, A1, & A2 are a little more than half of my example, but porosity could be twice the figure I used.
Conclusion: A, A1, & A2 contain 12-15 bbl of oil.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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