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Bullboard - Stock Discussion Forum Second Wave Petroleum Inc SCSZF

GREY:SCSZF - Post Discussion

Second Wave Petroleum Inc > Unrisked Reserves per BHL well
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Post by puntabeach on Feb 01, 2013 3:52am

Unrisked Reserves per BHL well

I said that the 2P Reserves/BHL well must be around 400Mboe.

Please read carefully the presentation link below. The Unrisked reserves/BHL well is 250 Mboe (Judy Creek Summary section).

If you add waterflood that SCS just started, the Unrisked reserves/BHL well goes up to 370 Mboe.

Read carefully the presentation, this waterflood data is there too.

Unrisked = Proved. Add the Probable Reserves and you get a total around 400Mboe without waterflood.

The serial polluters who post BS, please do not pollute this board.

https://www.secondwavepetroleum.com/documents/pres/SCS-presentation_2012_06.pdf

SCS also forecasts AECO at $2, but it is $3 in Q4 2012 and currently.

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