NEN 0.00% 22.0¢ neon capital ltd

Ann: Presentation to Annual General Meeting , page-5

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  1. 2,408 Posts.
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    Tux, there is no real difference in reporting.The contingent resource was not expressed in BOE, rather 26MB of oil and 22 BCF of gas. The new figure appears to represent a combined total of oil and gas as boe. This seems a little light as the norm is to divide BCF by 3 for energy equivalent, ie 26 + 22/3 or 33.3MBOE. It would seem they have also adjusted for lower gas values.
 
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