CSE:OIL - Post Discussion
Post by
nozzpack on May 20, 2022 6:41am
2P Reserves of 24.3 million barrels..NPV $295 million
2021 RESERVES SUMMARY
SUMMARY OF PROVED, PROBABLE (2P) RESERVES
(As of September 2021)
| $ Amounts in USD | OIL (BBL) | GAS (MCF) | FUTURE NET
INCOME(1) | PRE-TAX PRESENT
VALUE (10%) |
| Proved | | | | |
| Developing Producing | 404,470 | 319,180 | $15,731,480 | $7,892,300 |
| Developed Non-Producing | 192,290 | 98,390 | $7,962,580 | $4,486,430 |
| Undeveloped | 7,460,810 | 3,188,700 | $313,779,430 | $117,303,690 |
| Total Proved | 8,057,570 | 3,606,270 | $337,473,490 | $129,682,420 |
| Total Probable | 13,782,130 | 11,169,750 | $586,858,580 | $155,388,830 |
| Total Proved + Probable | 21,839,700 | 14,776,020 | $924,332,070(1) | $285,071,250 |
Total increase over
September 2020 | +168% | +78% | +296% | +222% |
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