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ENHANCED OIL RESOURCES INC. V.EOR

Energy Oil & Gas E&P
"Enhanced Oil Resources Inc is a natural resource company. The Company through its subsidiaries is engaged in the acquisition, development, operation and exploration of crude oil and natural gas properties in the Permian Basin in eastern New Mexico."


TSXV:EOR - Post by User

ENHANCED OIL RESOURCES INC.
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Post by SeaOhTooon May 31, 2013 9:38pm
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Post# 21470355

Identified and additional 2.0 MMBO

Identified and additional 2.0 MMBO
"The Company has completed an engineering review of the merits of an extensive down spacing program at Milnesand and identified anadditional 2.0 million net barrels for proved undeveloped reserves at December 31, 2012."

This on top of the 3.1 million barrels reported in the Reserve Report. With CO2 injection, Milnesand will prove up 8.0 million barrels and ultimately Milnesand and Chaveroo under full CO2 flood will recover 40-60 million barrels.
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