Resource Estimates

Baker Hughes Resource Estimates (February 2017) – Updip from Eblana #1 only

Resource categoryLow estimateBest estimateHigh estimate
Oil-In-Place (bbls)283,000,0001,033,000,0001,993,000,000
Contingent Recoverable Oil (bbls) @ 20% recovery factor
56,600,000206,600,000398,600,000

Forrest Garb Resource Estimates ( May 2012 Competent person’s Report)

 Low Estimate (P90)
Best Estimate (P50)High Estimate (P10)
Eblana #1 area(million barrels)(million barrels)(million barrels)
Contingent recoverable8,63619,25633,513
Oil-In-Place45,301107,344165,286
20sq km Core Area(million barrels)(million barrels)(million barrels)
Prospective Recoverable11,87320,18945,049
Oil-In-Place61,120132,060222,919
Total prospective 88 sq km(million barrels)(million barrels)(million barrels)
Prospective recoverable20,13857,200683,646
Oil-In-Place102,342282,8183,342,163