You know that is 1,722,000,000 gallons of crude. 42 gallons/barrel. Using a conservative 10% recovery factor, 41,000,000 barrels in place would be recoverable.
It appears that management of this company has entered into a farmin with High energy resource which is another company whose ceo is listed to be Bruce Thomson. He is also listed as president of Premium Petroleum. Wonder what Mr. Thomson is up to ?
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