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Message: Re: Falcon Oil & Gas Ltd. Receives an Updated Independent Resource Assessment...

Don't have a Reader's Digest version, but how about a Cliff Notes Version, interpretation of the news..



Based on all available data, RPS Scotia has assigned the following
probabilistic estimation of potentially recoverable contingent resources in
the Szolnok formation, the Lower Endrod, the Basal Conglomerate and the
Synrift Sequence. The RPS Scotia Report measures the Mako Trough in trillions
of cubic feet (Tcf) and millions of barrel oil (mmbo):


<<
Probability Greater Than
P90 (90%) P50 (50%) P10 (10%)
Probabilistic estimation
of potentially recoverable 25.8 Tcf 43.9 Tcf 68 Tcf
contingent resources (1) (2) 42.6 mmbo 97.8 mmbo 202.7 mmbo



Simple math. There is a 90 % probability that there is 25.8 Tcf and a 10% probability that there is 68 Tcf.

In a nut shell, looooooooking very good at this point, imo

gumby



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