RE: EXILIR17 Jun 2020 08:59
Would also like to point out that a certain person said why would Petro China get involved with Petro Matad without a CPR
This below was in the March RNS
Competent Persons' Report (CPR) and reservoir stimulation studies
As part of the Reserves Reporting preparations, the Company commissioned Leap Energy to prepare a CPR for the northern part of Block XX where the Company's discoveries are located. The CPR concluded that the Heron structure has mean, unrisked in-place oil resource potential of 194 million barrels. This is 20% higher than the Company's initial internal assessment and offers the potential for substantial commercial value given the low-cost, onshore operating environment and the favourable Mongolian regime
Think i know who is spouting lies !!!