RE: RNS Commercial Oil Discovery30 Aug 2018 08:44
Up next ;)
Monroe Swell Drilling:
3D defined, high-impact shallow prospects
estimate of potential resource of more than 4 million barrels of oil
Two-well programme to earn-in to 50% of the asset, the first to be drilled before the end of 2018, the second by mid-2019
Both well sites permitted and ready to drill
estimate of potential value to Reabold $100m, based on just $55 USD per barrel.