Unrisked or "unrisked" means applicable reported volumes or values of resources have not been risked (or adjusted) based on the chance of commerciality of such resources. In accordance with the COGE Handbook for contingent resources, the chance of commerciality is solely based on the chance of development based on all contingencies required for the re-classification of the contingent resources as reserves being resolved. Therefore, unrisked reported volumes and values of contingent resources do not reflect the risking (or adjustment) of such volumes or values based on the chance of development of such resources.
2U of 5.96 TCF (26% of total license) but Unrisked of 8.19 to 41.62 - That's a lot of gas
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Unrisked or "unrisked" means applicable reported volumes or...
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EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
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