Member Info for Rigger

BIG BIG NEWS! Deserter of assets into two different entities to increase share holder value due to extremely successful drilling campaign! http://www.investegate.co.uk/Article.aspx?id=201202280701162217Y

The Vaca Muerta formation is one of two principal source rocks in the Neuquén basin in Argentina. The formation is late Jurassic, early Cretaceous in age, covers an area of approximately 7.41 million acres (30,000 km²), varies in depth between 5,500 to 14,000 feet and in places is up to 1,400 feet thick. In published reports, the U.S. Energy Information Administration has estimated a risked, recoverable resource of 240 trillion cubic feet ("TCF") of shale gas from the Vaca Muerta formation in the Neuquén basin.   A Ryder Scott Report ("Report"), commissioned by Repsol, reveals 77% of the area, held by Repsol and its associates, to be oil and the balance a mixture of dry and wet gas. The report covered 8,071 km² (1,994,378 acres) and attributed 21,167 mmboe of prospective resources, 1,525 mmboe of contingent resources and 116 mmboe of 3P reserves. YPF has advised Andes that the Ryder Scott Report has attributed P90 prospective resource of 84.9 mmboe, P10 prospective resource of 221.3 mmboe and a mean of 147.7 mmboe prospective resources for 100% of the block which represents an equity net participation of 19.9 mmboe to Andes.

Who knows. seems cheap to me.

65p 17% up.

100m barrels net. mcap 97million!

2RNS 2oil strikes. Big partners in one of the most prolific oil areas of the world.

1p a share.

The recent share options awarded to Osman Shahenshah. He is a director of Afren.

Wtf

http://www.investegate.co.uk/Article.aspx?id=201111081242287004R

What will be their first investment?

Get them under float price. Seems a good board too.

lots of potential. slow burner until production then boom.

rns out! BOOM! is the blokes surname from the pr company at the bottom of the rns.

ANOTHER GOLDEN NUGGET ON THE UP GREAT RNS!

cheers so a lot of potential. imagine them having 15 million ounces. would that not put them into african barrick gold resource territory?

is 17 million right? disregarding any zinc, if the company had a million ounces of jorc resource, would that make the resource currently worth seventeen gbp an ounce? current gold price @ $1420. is this a good investment? has anyone run anymore complex calculations for current jorc resource? Regards, Rigger.

This has got some legs yet!

92,000,000 erm boooOOOOOMMMMMMMMMMM!

cdg have found a shatload of gold! they have tunnelled through o the federal reserve via desires oil reserviors.