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Great Eastern Energy increases its reserve numbers at the Raniganj (South) Block


Published Mar 14, 2014
Great East Energy, Inc.

Great Eastern Energy Corporation Limited is pleased to announce an increase in its reserve numbers at the Raniganj (South) Block, as provided by independent reserve engineers Advance Resources International, Inc. (ARI) on March 11, 2014.

Some of the Contingent Resources have been upgraded to 3P with the development of the block. Part of the 3P reserves were upgraded to 2P, and part of the 2P reserves were further upgraded to 1P, since the wells coming on production are largely located within the area of the existing 3P reserves.

Tags: Great Eastern Energy Corp.




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