The point I'm making is that the original reserves calculated in the original prospectus may have been more inaccurate, but as drilling has progressed it gets more accurate.
As they have done more drilling reserves have increased not decreased so the inaccuracy so far has been that they were to conservative in their original estimates.
placement, page-51
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)