The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
And there's the update, both hitting some nice payzones and both being put into production. Plus they're wanting another 4 production wells before year end. This company could become a monster once they fully develop the fields.
Ok i'll play ball as nothing else to do now i've done my gardening duties
13km(13000m) x 13km(13000m) x 1m = 169m x 6 barrels per m cubed = just over 1b barrels per every metre of net pay/15%= 152m barrels per metre of pay
So for the 4 intervals totaling 113m would be 17,187,300,000 recoverable x say $70= a lot
Feel free to pick holes in my working out
Thanks SP1 & CC.
I'm trying to find the location for the siting of the 803 well as i'm still not convinced the twitter brigade have got it right with the satellite images(same ones i posted about back in Dec). Is there more info available if i was to register to the bico site?
Entreprenante, you have a very good memory. I posted about the well to the NW on the 12th Dec(even posted the coordinates). As much as i'd like it to be a new well It's been there all along, check my posting history if not convinced. it's the same one doing the rounds on twitter.
If my back of a *** packet calcs are right then a 5% divi per annum at 42p would be 0.175p per share per month, 4x the current 0.04p, not beyond the realms of doability, a couple of deeps producing with a few extra shallows, Mcboaty sailing the seven seas and a bit of wind in our sails and it could just be possible.