IOG has released a new CPR from ERC Equipoise for its Blythe, Elgood and Vulcan Satellites development assets (the Vulcan Satellites are now being renamed Nailsworth, Elland amd Southwark). This reports a substantial conversion of contingent resources into reserves, based on the extensive seismic interpretation, geological and reservoir modelling work IOG has now carried out on the assets. Blythe 2P is put at 33bcf (versus the 42bcf we have allowed for), Elgood is attributed 2P at 22bcf (vers
12 Oct 2017
New CPR for development assets
