QGEP Releases Projected 2P production capacity curve for the Manati Field

Source: www.gulfoilandgas.com 8/13/2015, Location: South America

QGEP Participaçoes S.A. ("QGEP") released the 2P production capacity curve for the Manati Field, based on a certification report by Gaffney, Cline & Associates ("GCA").

GCA conducted an independent audit examination, dated December 31, 2014, of the hydrocarbon liquids and natural gas volumes expected to be produced at the Manati Field, based on information made available by the the Company. Below is the 2P estimated annual production capacity certified by GCA, relative to the entire field. As of December 31th, 2014 2P certified reserves were 13.5 billion m³ of gas (approximately 85.2 million boe of gas).

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