LR Synergy has completed an updated CPR on Mitra Energy with overall WI 2C Resources increasing 48% on the prior CPR to 545 bcf of gas and 11.4 mmbbl of associated liquids (102 mmboe). The Company has WI Risked Pmean Prospective Resources of 960 bcf of gas and 60 mmbbl of liquids (220 mmboe). Development Status for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) gas fields in Vietnam has moved to ‘Development Pending’ from ‘Development on Hold’. Gross 2C Resources at Tho Chu have increase ....
12 Apr 2016
Development Status Upgraded at Nam Du & U Minh Fields
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Development Status Upgraded at Nam Du & U Minh Fields
Montanaro European Smaller Companies Trust PLC (MTE:LON) | 134 -1.3 (-0.7%) | Mkt Cap: 253.4m
- Published:
12 Apr 2016 -
Author:
Stephane Foucaud -
Pages:
6
LR Synergy has completed an updated CPR on Mitra Energy with overall WI 2C Resources increasing 48% on the prior CPR to 545 bcf of gas and 11.4 mmbbl of associated liquids (102 mmboe). The Company has WI Risked Pmean Prospective Resources of 960 bcf of gas and 60 mmbbl of liquids (220 mmboe). Development Status for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) gas fields in Vietnam has moved to ‘Development Pending’ from ‘Development on Hold’. Gross 2C Resources at Tho Chu have increase ....