DTM Early Birds - Re: DTM Early Birds Stream Log - Pro - a few ifs...

Pro - a few ifs and buts...but SER have some nice oil and gas figures. It was a shame Jim Ellerton, former CEO f**ked it all up as we would have been producing by now, but this should now happen...Debt removed..... If the debt has been removed, the Kansas assets are immediately available for Sefton to develop! Which is: The competent person's report, or CPR, compiled by Dr Nafi Onat, assigns a net present value of £17mln to the firm’s proved reserves and unproved resources discounted at 10%. This is based on an estimated 832,485 barrels of oiland 14.4 billion cubic feet of gas. The previous CPR pointed to the Leavenworth County licences containing around 3 billion cubic feet of gas and no oil. Separately, a work-over program has increased output to 400 barrels of oil in March from 300 barrels in February. Sefton said following the acceleration of its acreage leasing program in Leavenworth it now has assembled 14 separate project areas all with oil and gas potential.