Scandoil  

Connacher Oil and Gas reports year-end 2013 reserves


Published Feb 28, 2014
Connacher Oil and Gas Limited

Connacher Oil and Gas Limited announces its year-end reserves as of December 31, 2013, as evaluated by GLJ Petroleum Consultants Ltd. (GLJ), independent qualified reserves evaluators.

Proved producing reserves increased by 13 per cent to 22.5 million barrels with the inclusion of the recently drilled infill wells and well pairs at Pod One. Production in 2013 totaled 4.3 million barrels.

Estimated proved (1P) bitumen reserves totaled approximately 212 million barrels, a decrease of one per cent over year-end 2012 volumes. The ten per cent present value (10% PV) of 1P bitumen reserves is approximately $900 million as compared to $1.0 billion in 2012.

Tags: Connacher Oil and Gas Limited




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml