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Re: kolchakil0 post# 13474

Tuesday, 05/10/2011 12:41:49 AM

Tuesday, May 10, 2011 12:41:49 AM

Post# of 38410
If your new, here's the link to Brazo's estimated oil reserves....they are huge. Keep in mind that "MBO" means MILLIONS OF BARRELS OF OIL .. this isn't a typo!

http://brazosinternational.info/economic-analysis-and-financial-statements/projected-revenue-and-expense

: Initial Net Oil Reserves Total : 1.42 Billion Barrels

: Upside Oil Reserves Total : 2.155 Billion Barrels

Here's some quick stats for you - this is what the market will be looking at along with the initial drilling and income commencing with done deal...then it will decide how high to take this one ...

Project 1 SB; Cameron County, Louisiana : 25 million barrels of initial net oil reserves
581 million barrels of upside oil reserves


Project 2 Gaines; Gaines, Texas : 270 million barrels of initial net oil reserves
721 million barrels of upside oil reserves


Project 3 Central Kanss; Witchita, Kansas : 448 million barrels of initial net oil reserves
414 million barrels of upside oil reserves



...best of all imo: good ol' 100% American oil!

Project 4 CMLC; Cameron, Loisiana : 677 million barrels of initial net oil reserves
439 million barrels of upside oil reserves