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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

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To: ISPYOIL who wrote (253)10/14/1999 1:18:00 PM
From: Tomas  Read Replies (2) of 332
 
Hello ISPYOIL. Haruj A is 3.3 X the size of En Naga North, and the Gir pay zones in Haruj are at least as thick as in En Naga. A conservative calculation: the Gir zones alone have 130 million barrels of recoverable oil. A less conservative number: 150+ MM bbls.

The deeper levels (basal sandstones) being drilled right now:
in En Naga North the potential is 60 million barrels, Haruj A is 3.3 times larger = 200 million barrels (unrisked).
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