TSXV:EOR - Post Discussion
Post by
SeaOhToo on May 31, 2013 9:38pm
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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