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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by aresoilventureson May 21, 2014 8:19pm
277 Views
Post# 22585003

RE:RE:RE:RE:RE:RE:RE:RE:Re: Information I have

RE:RE:RE:RE:RE:RE:RE:RE:Re: Information I have When reporting reserves, yes (as for Polvo and the Solimoes discoveries).  For resources (undrilled prospects), which is what MM was going on about, you can report it any way you want. P50 or Pmean numbers are most common, but there are no real issues with reporting P10 numbers (there is a 10% chance it will be this big) as long as you state what  the number is (P10, P50 or Pmean).
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