UNCLEART...PERHAPS OILERS CAN HELP HERE AS IM NO EXPERT
Here is a paragraph using the words "unrisked contingent resources" and "mean prospective resources" which suggests it means UNDISCOVERED!! and/or estimated reserve??
EXAMPLE WesternZagros Resources has announced that the mean estimate of gross unrisked contingent resources (“Mean Contingent Resources”) has increased to 147 million barrels of recoverable oil (corresponding to 464 million barrels of mean estimated gross discovered oil initially in place) and the mean estimate of gross unrisked prospective resources (“Mean Prospective Resources”) has increased to 1.2 billion barrels of recoverable oil (corresponding to 3.6 billion barrels of mean estimated gross undiscovered oil initially in place) for the Oligocene reservoir in the Kurdamir Block.
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QPN Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held