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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco)
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To: The Beav who wrote (42)11/6/1997 6:01:00 PM
From: Bill Shugarue   of 270
 
Beav, Profco are drilling on Block 2,
which is located to the west of Block 1.
The other block is also refered to as
the Seme field. That field has been
averaging 8,000 BOPD and has produced
approx. 20 million barrels of oil so far.

Current estimates of recoverable reserves
from Block 2 exceed 500 million barrels of
oil from multiple thick sands. The total size
of the concession is 155,000 acres. This will
mean what many wells would have to be drilled
before those figures are reached.
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