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Quattro Exploration and Production Ltd QEXXF

Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.


GREY:QEXXF - Post by User

Comment by rizacon May 20, 2014 5:13pm
134 Views
Post# 22579533

RE:RE:RE:RE:RE:RE:RE:RE:this is real

RE:RE:RE:RE:RE:RE:RE:RE:this is real
Awe I see.  Well we already know that the NGL numbers in the Summary table are wrong.  We also know that the Net number has to be lower than the gross number.  There is no conversion here it's just an input error some how.  I don't believe it's an inflate just a table population error.

I never agreed the Unit table is wrong.  I think it is right.  The data you are asking about is in the Unit table.  Net gas column "Proved" and "Proved plus Probable"  in the oil category. If you add that back to the gas in the Summary table (in the corresponding Res. Cat.) you get the same number as the "Total"  at the bottom of the Unit Table.  I.E. 9916.9 (from summary table) + 3578.3 (from unit table under oil) + 50.7 (under heavy oil) = 13545.6.  The Summary table 2P gas should read 13545.6 and not 9916.9.

Again the NGL's in the Unit table are the right number and is validated by the ratio calculation I suggested in the last post.  Your Net NGL number you are looking for are in the Unit table.  The Gross NGL numbers are in the Summary table.

For example the PDP gross NGL's are 88.9 and the Net number is 73.2 mstb.  The TP NGL gross is 172.9 mstb and the Net NGL TP is 147.0 mstb.  its all there.
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