So, ERHE has 304 million barrels in Block 2. Right? If EEL's numbers are correct (8.75% of block 2 will produce 121 mm barrels oil), then our 22% should yield 304 million. Wonder why our company doesn't inform shareholders about such estimates?
Anyone know for sure what risked recoverable prospective resources are? Is that the same as P50? dat
EEL: "Risked recoverable prospective resources within the block are put at 121 m bbl of oil and 168 Bcf of gas."