Hey BI I just had a quick look at the reserves estimates in those presentations from SGC.(yeah perhaps I should have used XST ones considering which thread we're on). It's all a bit sloppy and a bit disingenuous on the companies part, but the figures in the September 21 preso,are based on reserve reports from December 2019,which I think is poor form nearly 2 years behind. The reserves figures in the latest preso are current at December 2021. There is also this:
and reserves were further reduced by Production
attributable to third parties which owned the assets from 1 January 2020, until the February and March 2021 acquisition by the
Sacgasco venture; together with adjustments based on well performances and reduced prices in the pricing strip used for 31
December 2021 reserves estimation.
Other Proved (PDNP, PUD) and Probable Reserves are adjusted to reflect updated inputs including offsetting well performance,
technical inputs, and future pricing strip.
- Forums
- ASX - By Stock
- XST
- Ann: Anshof-3 Discovery Testing Update - Well Equipment Run-In
Ann: Anshof-3 Discovery Testing Update - Well Equipment Run-In, page-83
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XST (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.893M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XST (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online