Tuesday, May 03, 2022 6:09:11 PM
It’s also worth noting that this latest 23.5 billion barrel OIP number compares to management’s previous estimate of 17 billion barrels as outlined in the January AGM update presentation; however that January OIP total included an estimated 1.4 billion barrels for the Kuparuk reservoir and 1.1 billion barrels for the Theta West Upper Basin Floor Fan (UBFF) - as PANR didn’t test these two reservoirs during the Winter programme (due to time constraints), these have been excluded from this latest 23.5 billion barrel resource number. So assuming further testing confirms the previous Kuparuk and UBFF estimates (a high probability in my view), PANR should have a total OIP resource of ~26 billion barrels.
KEEP IT SIMPLE, PATIENCE and TOLERANCE brings PEACE and SERENITY !!!
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM