(i) Slide 8 of ROC's 27-08-09 half Year presentation gives a breakup of its 2P and 3P Reserves as at 30 June 2009.
2P total = 20.1 MMBOE
3P total = 19.2 MMBOE
(ii) ROC's 4th quarter Report released 28-01-10 gives a breakup of production in the six months to 31/12/09.
Production total = 1.575 MMBOE
Worth listening to the Broadcast on the ROC website.
Basically saying that new reserve figure calculated as follows:
Currently producing 6,000 BOPD;
Expected to produce about 5,000 PODP in 2010;
Operating costs for project are A$250,000 to A$300,000 per day;
The economic breakeven for the project is about 3,000 BOPD;
The output from the project is expected to fall to this level by 2012 withour further development or intervention;
Consequently, the revised reserves are the amount that are expected to be produced in that time;
As far a s further development or workovers they are still to be assessed and evaluated;
Worth listening to. Others may pick up further points.
http://www.brr.com.au/event/63932
Regards
SP
- Forums
- ASX - By Stock
- ROC
- total reserve
total reserve, page-5
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add ROC (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $12.52M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.5¢ | $299 | 2.391K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35000 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 57128 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35000 | 0.100 |
1 | 35000 | 0.092 |
1 | 33333 | 0.090 |
1 | 17464 | 0.075 |
1 | 15000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 57128 | 1 |
0.135 | 29500 | 1 |
0.140 | 21869 | 1 |
0.150 | 62500 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
ROC (ASX) Chart |