Redeye - Interfox Resources: Pebbles indicate high quality asset
We find the recent news about the quality level of Interfox’s main asset license 71-1 as highly important. Recent studies show that the reservoir has absolute permeability with high quality hydrocarbons present, thus we see a likely premium valuation of the asset. Interfox currently has 38 mmboe of C1+C2 reserves under registration; this registration makes the valuation of the company less uncertain as a range of values for these reserves can be assessed. Read more in the analysis below.
The full analysis in PDF-format: http://goo.gl/4KwtFz
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