Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/leni-gas-and-oil-reserves-clarification-trinidad.shtmlLeni Gas and Oil reserves clarification, Trinidad
Following inquiries from shareholders, the Company is pleased to clarify its reserves, contingent
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Following inquiries from shareholders, the Company is pleased to clarify its reserves, contingent resources and oil-in-place data in respect of the Goudron Field in Trinidad.
The Company's announcement dated 24 March 2014 in respect of the Goudron Field, referred to a "30 well re-development programme designed to access the existing 7 million barrels of proven and probable reserves and to provide data to assist in the design of a secondary recovery scheme (water flood) to access some of the estimated 60 million barrels of contingent resources attributed to the field."
