Can someone please tell me with the upcoming irr does the company put a figure which has all the risked maths calculated on what came out of icewine 1 to come up with a conservative recoverable barrels.
E.G. if they said 1.5 billion barrels (regardless of icewine 2 fracking and flowrates data to come) is it industry standard that companys will take this figure as recoverable as its conservative from risks calculated in already. Then as flowrates come available later the conservative estimate gets larger e.g after siesmic then ice 2.. Cheers
GLTA
The burning question, page-5
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