copy and paste31 Aug 2018 22:36
I know that copying and pasting details can be frowned upon, nonetheless, the copy below looks better without the formatting errors shown on lse
Monroe Swell Redevelopment:
Currently redeveloping four out of seven existing production wells with oil in place of 1 million barrels
Operator (non-compliant) estimate of potential value to Reabold $10 million
Monroe Swell Drilling:
3D defined, high-impact shallow prospects
Operator (non-compliant) 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
Operator (non-compliant) estimate of potential value to Reabold $100m
West Brentwood:
Oil field with significant historic production
Up-dip portion of the field expected to be undrained; well defined by 3D seismic
1-2 million barrels of oil in place
One-well programme to earn 50%
Operator (non-compliant) estimate of potential value to Reabold of $25 million
Grizzly Island:
Gas prospects with 50-90 bcf recoverable
Defined by 70 square mile 3D seismic grid
Two-well programme to earn into 50%
Operator (non-compliant) estimate of potential value to Reabold: $50-100M