FDM freedom oil and gas ltd

numbers and tea leaves, page-8

  1. 2,798 Posts.
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    Hi morningaussie

    P2 is a reserve estimate, below is how these estimates are viewed

    P1= proven
    P2= Probable
    P3= possible

    Matter of interest, Australia is one of the few countries that actually allows P2's to be report. Most countries only allow P1,s.


    Cheers

    PS
    If I missed anyone who emailed me please send again and I will mail straight away

 
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