Hello all, looking for some confirmation of my understanding here:
(1) this announcement states that the next resources and reserves report is "expect(ed) to result in a reserve upgrade for the D5 Sand and a re-classification of most of the B65 Sand from prospective resources to reserves"
(2) Just focussing on the B65 sand for a moment, this was stated in an announcement on 4th December that the F2 well targeting B65 had 1.616 mboe prospective resources net to Byron (see attachment below)![]()
(3) Current P1 and P2 net to Byron from the September resources and reserves report and the above attachment is 2.269mboe
So ignoring the D5 for a moment, the B65 re-classification on its own adds some 70% to existing P1 + p2 reserves?
Am I reading this correctly? Any guidance much appreciated.
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- Ann: Timing of 2018 Reserves and Resources Report
Ann: Timing of 2018 Reserves and Resources Report, page-2
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