The WEBSITE of DBRM says it all the risk of the projects and the potentials:
No Risk No REWARD.
RISK REWARD:
daybreakoilandgas.com
I like the PEARL possibilities ( one fifth of a Giant is better tan 1/250th of a giant OIL Field defined as 500mmBOE), 100X the other. Read the words to put that under the microscope. 100X = 100 Million BO/ 1 Million anyways at at ( read between the lines ) 3 LOCATIONS even the Pearl is one million at least so the other 2 are 2 Mill BO total= 3 MMBO is a part of maybe EXPOANDABLE in TEXAS to part of if not actual : Giant OIL FIELD CLASS:
Google Giant OIL FIELD: == 1/2 MMMBO == 500MMBOE
U like 1 Million, yes? You like 100 Million -YES! One FIFTH =
E = EQUIVALANT includes GAS so we are PURE OIL play I think:
re below MMBOE
... marking the discovery of the world-class giant ...
Tectonic Setting of the World's Giant Oil & Gas Fields
Giant oil and Gas Fields of the World. ... Other setting classes including foreland basins at collision margins related to terrane accretion, arc collision, ...
ig.utexas.edu
Giant Oil and Gas Fields
..//..The world's 910 giant oil and gas fields are those with 500 million bbl of ultimately recoverable oil or gas equivalent. Remarkably, almost all of these 910 giant fields - which by some estimates account for 50% of the world's petroleum reserves - cluster within 27 regions, or about 30%, of the Earth's land surface..//""
cnpc.com.cn
2000 Deepwater Discoveries: A Contextual Overview
Field Size Class, 1996, 1997, 1998, 1999, 2000. Large Giant (300MMBOE+), 0 ... First of all, 2000 deepwater discoveries were predominantly oil fields (76%) ...
oilcrisis.com
Tectonic |
