RE: GBP broker note2 Sep 2020 10:04
On the note it has tower resources NET resources at 154m barrrels of oil. This doesn’t seem much compared to some of the others at multi billion barrels NET ??
Peer analysis of pure exploration E&Ps
Company
EV/Prospective resources (USc)
Net resources (mm bbl)
Global
0.06
3,802
Chariot
-00.4
710
Argos Resources
0.57
1,201
Bahamas
2.22
2,846
Tower
3.18
154
Eco Atlantic
117.49
2,551