Scandoil  

ShaMaran reports increase in Atrush year-end reserves estimate


Published Feb 16, 2016
ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. reports updates to estimated reserves and contingent resources for the Atrush block as of December 31, 2015. The reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. (McDaniel), the Company's independent qualified resources evaluator, and were prepared in accordance with standards set out in the Canadian National Instrument NI 51-101 and Canadian Oil and Gas Evaluation Handbook (COGEH).

Positive well test results in the Chiya Khere-5, Chiya Khere-8 and Atrush-3 wells as well as positive interference tests across the field have resulted in an increased proven reserves area. Furthermore, the gradual increase in oil density with depth has now fully been incorporated.

Tags: ShaMaran Petroleum Corp




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