Formation Evaluation News

Oilex Announces Cambay Field Reserves Re-Classification
India >> 5/27/2022 - Oilex Limited (Oilex or the Company) is pleased to announce the following update with respect to the re-classification of Cambay gas and condensate volumes to reserves and increase in resources.
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Energean Announces Athena Exploration Well Commercial Gas Discovery
Israel >> 5/9/2022 - Energean plc (ENOG) is pleased to announce that a commercial gas discovery has been made by the Athena exploration well, offshore Israel.

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Chariot Announces Post-Well Analysis on Gas Discovery at Anchois-2 Well
Morocco >> 3/31/2022 - Chariot (CHAR) is pleased to provide an update on the post-well analysis of the successful Anchois-2 gas appraisal and exploration well, completed in January 2022, on the Anchois gas project within th...
Cue Energy Increased its Reserves Estimate for PB Oilfield in the Mahato PSC
Indonesia >> 3/29/2022 - - 92.8 million barrels of oil in place assessed in the PB field, Mahato PSC
- 20.9 million barrels of gross 2P recoverable oil reserves
- 322% increase in Cue net 2P oil reserves to 1.4 m...
IOG Announces Final Audited Results for the Year Ended 31 December 2021
United Kingdom >> 3/17/2022 - IOG plc ("IOG"), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to announce its final audited results for the Year Ended 31 December 2021.

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TransGlobe Energy Corporation Announces Its 2021 Year End Reserves
TransGlobe Energy Corporation Announces Its 2021 Year End Reserves Egypt >> 3/7/2022 - TransGlobe Energy Corporation (TGL) ("TransGlobe") is pleased to announce the results of its independent reserves evaluation ("Reserves Evaluation") for the year ended December 31, 2021 as prepared by...
PetroTal Announces Increases in 2021 Year-End Oil Reserves
Peru >> 2/15/2022 - PetroTal Corp. ("PetroTal") (PTALF) is pleased to announce the results of its 2021 year-end reserve evaluation by Netherland, Sewell & Associates, Inc. ("NSAI") for the Bretana oil field, operated 100...
President Energy New Argentine Reserves Report as at 31 December 2021
Argentina >> 2/14/2022 - President Energy (PPC), the energy company with a diverse portfolio of production and exploration energy assets currently focused primarily in South America, announces unaudited 2021 trading highlight...
LUKOIL Completes Reserves Estimate as of the End Of 2021
Russia >> 2/8/2022 - PJSC "LUKOIL" announced the results of the reserves assessment and independent audit as of December 31, 2021.

According to the SEC classification, the Company's proved ...
Gran Tierra Energy Inc. Announces 2021 Year-End Reserves
Colombia >> 1/25/2022 - - Achieved 148% PDP and 123% 1P Reserves Replacement
- Added 14.3 MMBOE of PDP Reserves and 11.9 MMBOE of 1P Reserves
- Realized PDP Finding and Development Costs of $9.51 per Barrel
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Lundin Announces Total Resource Additions of 200 Percent of 2021 Production
Norway >> 1/21/2022 - Lundin Energy AB (Lundin Energy) is pleased to announce that as at 31 December 2021, its proved plus probable net reserves (2P reserves) are 639 million barrels of oil equivalent (MMboe1,2) and its pr...
TomCo Energy Announces Reserves Report for TSHII Site
United States >> 1/13/2022 - TomCo Energy plc (TOM) is pleased to announce the receipt of an independent report commissioned from Netherland, Sewell & Associates, Inc. ("NSAI") estimating the oil reserves, associated marketable s...
Predator Oil and Gas Announces Corporate Update
Morocco >> 1/13/2022 - - CPR establishes gross Contingent Resources of 393 BCF following MOU-1
- Estimated Net Present Value (unrisked) for Predator's 75% interest US$592 million
- Fully funded for MOU-1 extende...
Thirty Percent of Iran Oil and Gas Resources Recoverable
Iran >> 12/21/2021 - The CEO of the National Iranian Oil Company stressed the need to absorb and transfer technology in the company, and said: Underground capital is not our (Iran’s) competitive advantage. It can be an ad...
Gazprom Neft Increases Reserves Estimates at Eastern Siberia’s Chonsky Group
Russia >> 12/16/2021 - Russia’s State Reserves Commission has confirmed a two-fold increase in reserves at the Ignyalinsky block, forming part of the Chonsky group of fields, with recoverable reserves on this project increa...
Additional Perforations added to the Upper Logbaba Formation in Well La-108
Cameroon >> 11/16/2021 - Victoria Oil & Gas Plc , whose wholly owned subsidiary, Gaz du Cameroun S.A . ("GDC"), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon , is p...
Woodside Announces Greater Pluto Reserves & Resource Update
Australia >> 11/5/2021 - Woodside has completed a review of the reserves and resource estimates for the Greater Pluto region. Excluding 2021 production to date, the 1P Total reserves have increased by approximately 10% and th...
ADX Announces 154% Increase in 2P Developed Reserves in Austrian Fields
Austria >> 11/4/2021 - Key Points:
- An independent audit of developed reserves has been completed for ADX’ Zistersdorf and Gaiselberg fields (“Fields”) in the Vienna basin, Austria by RISC Advisory Pty Ltd (“RISC”).
Approval of New Evaluation Phase in Romania
Romania >> 10/21/2021 - Serinus Energy plc (“Serinus”)(SEN) announces that it has received approval from the National Agency for Mineral Resources (“NAMR”) for an additional two-year evaluation phase on the Satu Mare Concess...
Vintage Energy Announces Material Gas Resource Booked for Odin Field
Australia >> 9/16/2021 - - Outstanding result with ~190% increase in Odin Field 2C Contingent Resources booking when compared to pre-drill 2U Prospective Resources

- Gross 2C Conti...

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