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Re: futrcash post# 35

Thursday, 01/24/2013 11:27:03 AM

Thursday, January 24, 2013 11:27:03 AM

Post# of 84
Can someone please clarify a few questions since I haven't been following that close?

--Does SHP intend to drill inland and offshore?

--The estimated 23 billion barrels of oil, how much of that is recoverable?

23 billion x $100 per barrel = $2.3 trillion. If only 5% is recoverable, that's still about $115 billion worth of oil. Still an enormous number.