RE: looking in - expectations need tempering7 Dec 2022 19:08
100 million barrels of oil gross's what at $100 a barrel? 800bcf of gas is what in BOE? It's in the billions of $$$$$
A no brainer for me.
Rerate on this deal alone is multipules of multipules of present Coro SP. At worse it's a Punt at best it's a life changer. I'm in. Which is why I'm boning up on Baluchstan oil plays, licences and big players.
British Oil & Gas company wants to invest in Balochistan
Naeem Akhtar2022-12-040
ISLAMABAD - Coro Energy, a British company working in the oil and gas sector, has been contacted for a joint venture with ****stan's state-owned oil companies for investment in ****stan. In recent days, the delegation led by the Chief Executive Chairman of Coro Energy, Mr. James Parsons, has met with the officials of the National Oil and Gas Companies of ****stan, including the Provincial Director of Petroleum Concession Balochistan. Coro Energy currently operates oil and gas production licenses in Italy, Indonesia and Southeast Asia. Koro Energy is keen to work in the oil and gas sector in Balochistan because Balochistan is rapidly attracting the attention of major oil and gas companies in the world due to its rich natural reserves of oil, gas and minerals. Coro Energy's Executive Chairman Mr. James Parsons has worked with Shell and in the oil and gas production and exploration sectors. I have extensive experience has said, it is premature to say anything in the initial stages regarding Coro Energy's contacts with the ****stani authorities in ****stan. As soon as there is any progress, details will be brought out in this regard.