So how come PPP haven't released their announcement..
GENERAL: NZO: Tui Oil Reserves Increased Again
The initial proved and probable (2P) reserves for the Tui Area Oil Fields
have been further increased from 47 million to 50.1 million barrels,
following a detailed field reassessment by the Operator.
New Zealand Oil & Gas Ltd's share of the additional reserves is almost
400,000 barrels. Using current oil prices and exchange rates, this has a
gross value to NZOG of around NZ$70 million.
New Zealand Oil & Gas Ltd 12.5%
AWE (Operator)42.5%
Mitsui E & P Australia Pty Ltd 35.0%
Pan Pacific Petroleum NL 10.0%
NZO - $70 million means PPP $56 million increase.
An Extrat $56 million, 580 million shares on issue, so $0.10 a share...
Or am I missing something.