RE: Wow...19 Jan 2022 18:54
The Company estimates the Frontier discovery to be approximately 33,000 acres (51 square miles) in size, of which 88% is under the Company's leasehold. The potential resource is significant, with Oil in Place ("OIP") is currently estimated by COPL to be 1.1-1.5 billion Bbl, with 0.968-1.32 billion Bbl. of this estimated to be on the Company's 47,992 gross contiguous acres of leasehold.
Just worth reminding