ELK elk petroleum limited

estimated proved reserves and pilot plants, page-17

  1. 1,723 Posts.
    thanks NTTG

    what you say sounds very likely and makes sense, but is there any reason why RS can not prepare a report containing 1p, 2p 3p info for ASX/Oz s/holders and ASX ann; whilst at same time providing info suitable for more stringent SEC requirements?

    My feeling is, after reading work on this thread, that the SEC compliant findings are likely to be a PUD and ASX compliance might be a 2P.

    Also would anyone care to put a reserve value on a bbl of PUD?

    And would anyone care to put a value on a bbl of 1,2 and 3 P reserves?

    all comments welcome.

 
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