An independent resource evaluation has been prepared for the Ortoire block. It states 2C WI recoverable resources of 0.9 mmbbl of light and medium oil, 10.6 bcf (1.8 mmboe) of gas, 0.3 mmbbl of gas liquids and 3 mmboe in total. Each has a 95% Chance of Commerciality. Net unrisked recoverable P50 Prospective Resources are 6.2 mmbbl of oil, 64.3 bcf (10.7 mmboe) of gas and 1.8 mmbbl of gas liquids; 18.8 mmboe in total. Each has a 34% Chance of Success. We have incorporated the new figures into
18 Jan 2019
Commerciality independently demonstrated at Ortoire for the first time
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Commerciality independently demonstrated at Ortoire for the first time
Touchstone Exploration Inc (TXP:LON) | 43.5 0 0.0% | Mkt Cap: 101.9m
- Published:
18 Jan 2019 -
Author:
Taro Kiley -
Pages:
5
An independent resource evaluation has been prepared for the Ortoire block. It states 2C WI recoverable resources of 0.9 mmbbl of light and medium oil, 10.6 bcf (1.8 mmboe) of gas, 0.3 mmbbl of gas liquids and 3 mmboe in total. Each has a 95% Chance of Commerciality. Net unrisked recoverable P50 Prospective Resources are 6.2 mmbbl of oil, 64.3 bcf (10.7 mmboe) of gas and 1.8 mmbbl of gas liquids; 18.8 mmboe in total. Each has a 34% Chance of Success. We have incorporated the new figures into