• Ryder Scott has valued the tertiary oil recovery project at USD$305 million (unrisked NPV 10 base case).
REVISED RESERVE POSITION
The Company’s current certified reserve position is as follows:
Certification Previous Revised
1P 590,000 barrels 590,000 barrels
2P 920,000 barrels 920,000 barrels
3P 948,000 barrels 19,548,000 barrels
JV and we are away.....