STX 2.63% 19.5¢ strike energy limited

Ann: Southern Cooper Basin Contingent Resource, page-101

  1. 6,348 Posts.
    lightbulb Created with Sketch. 774
    one last quicky before the thread goes into the abyss as tomorrow will of course be all about the Qrtly....

    Hi psi81,

    Within the below paragraph, what does the last sentence mean?

    "The Contingent Resource was estimated using probabilistic methods with reservoir data acquired from all four of the Le Chiffre and Klebb wells being incorporated in the original gas in place (OGIP) calculations and recovery factors derived from numerical simulation then being applied. The resulting volumes were then adjusted for non-hydrocarbon fractions and an allowance for fuel gas"

    Cheers!

    HC
 
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