Posted On: 04/19/2014 6:08:31 PM
Post# of 199
The company has obtained an independent NI 51-101 Evaluation of Prospective Resources report for Kilimanjaro Capital which indicates prospective oil resources of 21 million barrels and 130 billion standard cubic feet of sales gas (Bscf) in the ACA Block. The 112 page report is available in its entirety online and conservative estimates that the value for Kilimanjaro Capital's share is approximately $187.5 million USD with an overall contractor group net present value of $3.75 billion USD for the entire ACA Block.
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