Desire’s un-risked oil prospect in Falklands’ waters over 3 billion barrels

Tuesday, October 6th 2009 - 01:19 UTC

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Desire Petroleum prospective un-risked recoverable resources net in Falkland Islands waters are over 3 billion barrels of oil in the company’s ten top prospects according to the recently completed Competent Person’s Report, CPR and released this week. Read full article

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Good news??
Should we not be looking at risked figures as opposed to unrisked? It could therefore be either good news or not such good news depending on what these figures are.
Oct 07th, 2009 - 01:09 am - Link - Report abuse 0
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neil rogers
What figures? There are no figures. Unless you refer to the reports produced from the 1998-99 Shell joint-venture exploration because thats what Senergy's estimates are all based around.
But Im sure that if the directors of desire get their timing right they will walk away from the adventure with a pocket-full of cash.
Oct 07th, 2009 - 03:38 am - Link - Report abuse 0
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