Max Petroleum provides update on Sagiz West reserves (Scandinavian Oil-Gas Magazine)

Max Petroleum provides update on Sagiz West reserves

Published Feb 12, 2014

Max Petroleum announces the estimated reserves for the Sagiz West Field as of 31 December 2013 (the "CPR") by its Competent Person, Ryder Scott Company LLC ("RSC"), updating the Sagiz West reserve estimate produced by RSC as of 30 September 2013.

The updated CPR takes into account two successful appraisal wells (SAGW-8 and SAGW-12) drilled in the field during the quarter ended 31 December 2013, as well as two unsuccessful appraisal wells (SAGW-14 and SAGW-11) drilled in October 2013 and January 2014, respectively.

Tags: Max Petroleum Plc

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Max Petroleum provides update on Sagiz West reserves

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