Centurion Energy Intl Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Centurion Energy Intl Inc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: semi_infinite who wrote (302)	11/8/2005 11:13:21 PM
From: HotnSpicy	Read Replies (1) of 350

OOIP is well over 1B bbls per "Chemingineer" on Raging Bull who did a few calcs last year. I think he estimated around 30% recovery, so how much more than 1 B bbls OOIP I forget. And there is the potential for the deeper zones that was not part of the calcs which is the major producing zone in Kaz. Alibekmola isn't sour in the typical sense. Their crude has mercaptanes but otherwise is low sulfur (less than 1%). They are supposed to install a demercaptanization plant next year. And $2 is hardly "about right" for 42API when all in costs are around $5... Their field is the sister field of Nelson's. Nelson was producing over 32,000 boed last time I checked. No way should a exploration company be valued on CF. Way too early for that. Give them five years when production starts to mature.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next