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Message: Re: Oil futures edge higher ahead of supply data

the 51-101 report is good:

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Table A
Summary of Undiscovered Resources
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Net Oil-in-Place
Zone (MMBO)
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Total Mississippian E Isopach 6,400 - 10,300
Total Mississippian F Isopach 876
Total Mississippian D Isopach 380

TOTAL 7,656 - 11,556
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Now while the numbers are great There is no certainty that any portion of the resources will be discovered.

But on the other hand investors have bought on a lot less numbers and more speculation. But right now there are a lot of junior oil companies who offer equal or greater prospect for return.

As a long investor my shares are in the drawer but on the other hand we could see an interesting spike in share price come October November.

Worth keeping an eye on this....

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