Replies to post #25169 on Black Dragon Resource Companies Inc (BDGR)

[Breaky0self]

ITS COOKING BABY AND YOU CANT STOP IT ;)

[ooag_long]

according to the press release they can draw down the 1.5 million barrels of oil from the humble project over 7 years

so

1,500,000/(7*(5500 barrels per year at current production levels))
= approx 40

meaning they would need a 4000% increase in production to acheive a full draw in 7 years from eor

I was expecting more like 10-15 times increase, now they are saying more like 40X increase in production?


not sure if anyone can get those kinds of numbers out of eor?

-real