BLACK ROCK OIL: CHARTS, RESEARCH AND DISCUSSION (moderated)

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Jimarilo - Mon, 01 Jan 07 :

Edgien the penny drops doh! ;-)

Previously

"The Company anticipates that the Arce Oil Field,
estimated to contain gross recoverable oil reserves of 5 million barrels"

Most recently

"Our operator and joint venture partner, Kappa Resources Colombia Limited,
estimates that the mean recoverable reserves of the field have increased
significantly to above 10 million barrels following recent seismic
reinterpretation and mapping."

As Edgien pointed out the other day the gross recoverable oil reserves of Arce could have doubled ;-)


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