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Petsec updates reserve estimates

PETSEC Energy has had its oil reserves independently assessed, reporting its global 1P oil and gas reserves coming to 7.1 billion cubic feet of gas at 893,000 barrels of oil condensate as of January 1.

Mark Tilly
Reserves held across the US and Yemen

Reserves held across the US and Yemen

  The reserves audit was carried out by DeGolyer Mc Naughton, according to Petsec.     Its 2P reserves net to the company came to 11Bcf of gas at 6.6MMbbl of oil/condensate, according to its release...

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