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from_berlin

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from_berlin

Re: None

Tuesday, 04/24/2007 8:51:24 AM

Tuesday, April 24, 2007 8:51:24 AM

Post# of 46027
LOL - Look at business plan on parent NWOG website - estimated net profit for Shalinsky oil field is nearly 30$ million for 2010!

Seems that they are faster as they wanted to be:
On business plan they have planned to extract 210000barrels in 2008, 420000 in 2009, 630000 in 2010 (nothing in 2007).

That means 575bpd, 1150bpd and 1725bpd production on Shalinsky.

Reserves were estimated to 6500000 tons = 45million barrels - now we have 11million barrels. Explanation would be nice...

New for me: Shalinsky license belongs to Neftegaz (was stated as Saratov field on the old website)

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