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kipp440

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kipp440

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Re: None

Tuesday, 01/24/2006 10:20:59 PM

Tuesday, January 24, 2006 10:20:59 PM

Post# of 173815
DNO ASA- Jaguar well - Update

http://www.dno.no/Templates/PressRelease.aspx?id=1542

"The Jaguar prospect is a stratigraphic trap located in the Northern North Sea Block 211/22b (Licence P1067) to the northeast of the Cormorant North oil field. The unrisked resource potential of the Jaguar prospect is estimated at 138 million barrels ( 69 million barrels net to DNO), assuming exploration and commercial success."

69 million x $69/bbl = $4,761,000,000 That's a bunch of cash!

The big update comes Feb. 15th.

Kipp
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