Reservoir Engineering & Recovery Methods News

Petro Rio S.A. Announces Reserves Certification
Brazil >> 5/4/2022 - Petro Rio S.A. (“Companhia” or “PRIO”) informs to its shareholders and the Market in general that it has published a new reserve certification report, prepared by DeGolyer & MacNaughton (“D&M”), dated...
Carnarvon Energy Completes Pavo Resource Estimate
Australia >> 5/2/2022 - Carnarvon Energy has completed its Pavo resource assessment and is pleased to report on the contingent and prospective resources. The successful Pavo-1 oil discovery significantly increases Carnarvon’...
Zephyr Energy Announces Updated Paradox Basin CPR
United States >> 4/26/2022 - Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, has announced the results from an updated Competent Person's Report ('...
Competent Person's Report on the Lancaster Field & 2022 Production Guidance
United Kingdom >> 4/14/2022 - Hurricane Energy plc, the UK based oil and gas company, announces that the updated Competent Person's Report ("CPR") on the Company's Lancaster Field by ERC Equipoise Ltd ("ERCE").

ERCE'...
Perth Basin Permit L7 : Significant Increase in Prospective Resources
Australia >> 4/12/2022 - Highlights
• Enhanced technical team has reviewed and upgraded Permit L7 Prospective Resources
• Gas Prospective Resources increase from 165 Bcf to 617 Bcf* (Best Estimate)
• Oil Pro...
Saturn Oil & Gas Announces 50.7 Million BOE of Reserves, a 668% Increase Year Over Year
Canada >> 4/12/2022 - Saturn Oil & Gas Inc. is pleased to announce the results of the independent reserves evaluation of the Company’s crude oil and natural gas assets, dated March 23, 2022 and effective December 31, 2021,...
Buru Energy Provides Operations Update
Australia >> 4/8/2022 - • Rafael 1 gas condensate discovery resources report nearing completion, pending receipt of final laboratory sample analyses and geophysical data.
• Ungani Far West 1 workover underway - aimed a...
Canacol Announces 7.6 TCF of Gross Mean Risked Prospective Conventional Natural Gas Resources
Colombia >> 4/6/2022 - Canacol Energy Ltd. is pleased to report on the conventional natural gas ?prospective resources (resources other than reserves) for its Esperanza, VIM-21, VIM-5, ?VIM-33, VIM-44 and SSJN-7 exploration...
Record Corporate Production and i3 Canada Ltd YE 2021 Reserves
Canada >> 4/4/2022 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that the Company has achieved a record for corporate production as well as pro...
Arrow Exploration Announces 2021 Year End Reserves
Australia >> 3/30/2022 - Arrow Exploration Corp. is pleased to announce the results of its 2021 year-end reserves evaluation by Boury Global Energy Consultants Ltd. ("BouryGEC").

Highlights

- Proved ("1...
ADM Energy Announces Barracuda CPR
Nigeria >> 3/30/2022 - ADM Energy PLC, a natural resources investing company, announces the result of a competent person's report on the Barracuda prospect in OML141, offshore Nigeria.

As announced on 28 April 2...
Union Jack Oil Provides Gaffney Cline Report Update
United Kingdom >> 3/29/2022 - Union Jack Oil plc, a UK focused onshore hydrocarbon production, development and exploration company, is pleased to provide an update on the Gaffney Cline report in respect of the Wressle hydrocarbon ...
Panoro Energy – Publication of 2021 Annual Statement of Reserves
Equatorial Guinea >> 3/29/2022 - Panoro Energy ASA is pleased to announce the release of its 2021 Annual Statement of Reserves (the “ASR”).

Highlights
- After taking account of 2021 production of 2.8 MMbbls the total...
Montney Resource Update 2022
Canada >> 3/28/2022 - Highlights:
• Montney activity has ramped up materially in the vicinity of Calima’s land with very encouraging results.
• The Company’s Contingent Resources remain in the Development Pendi...
Brooks and Thorsby Reserves Update 2022
Canada >> 3/28/2022 - Highlights
? Blackspur Reserves as at 31 December 2021 - audited by InSite Petroleum Consultants Ltd:
• 3P reserves 24.4 million boe
• 2P Reserves 20.4 million boe
• 1P Reserves 1...
Eni Announces Major Upgrade of the Resource Base of Ndungu Field in Block 15/06
Angola >> 3/28/2022 - Eni announces a major upgrade of the resource base in the Ndungu field, located approximately 130 km off the coast and about 10 km from the Ngoma FPSO in the West Hub of block 15/06.

The Nd...
Noreco Announces Publication of Annual Statement of Reserves
Norway >> 3/25/2022 - Norwegian Energy Company ASA (“Noreco” or the “Company”) is pleased to announce its Annual Statement of Reserves, with proven plus probable net reserves (2P reserves) of 200 million barrels of oil equ...
Eco Atlantic Provides New Competent Person's Resource Report on Its Assets
Namibia >> 3/21/2022 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the publication of an updated NI 51-101 compliant Competent Person's...
Leucrotta Exploration Announces 2021 Year End Reserves
Canada >> 3/16/2022 - Leucrotta Exploration Inc. is pleased to announce its 2021 year-end reserves as independently evaluated by GLJ Ltd. (“GLJ”) effective December 31, 2021 (the “GLJ Report”), in accordance with National ...
Alvopetro Announces 2021 Year End Reserves With a 52% Increase In 2P NPV Before Tax
Brazil >> 3/8/2022 - Alvopetro Energy Ltd. announces our reserves as at December 31, 2021 with total proved plus probable ("2P") reserves of 8.7 mmboe and a before tax net present value discounted at 10% of $297.0 million...

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