RE: Ouchie He (lamwcw) is grasping at straws here. This is what matters most:
Company working interest reserves are 2,048.3 Mboe total proved and 4,574.5 Mboe proved plus probable, a 41% increase from 2010
so what are you telling us? that probable means nothing? --- such a dewshe.
Also there's this....
2012 Reserve Update
Exall has retained AJM / Deloite Petroleum Consultants ("AJM") to conduct an independent evaluation of Exall's oil and gas reserves effective January 31, 2012, as a result of the drilling success associated with the 3D Seismic well announced January 18th, 2012. The results of this well were not included in the AJM Evaluation's Total Proved reserves as the well had not been on production by December 31, 2011, per NI 51-101 requirements. This well represents 389 MBOE of Total Proved plus Probable Reserves with a 10% NPV Before Tax value of $18.4 million. It is anticipated that the inclusion of this well in the Total Proved reserves as of January 31, 2012 will additionally move two Probable locations to the Proved Undeveloped catagory.
Just keep trying...
you are so blind, resentful, and ignorant.