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Frontera Announces 2020 Year End Reserves

Frontera Announces 2020 Year End Reserves News provided by Share this article Extended Net 2P Reserves Life Index to 10.6 years in Colombia 2P Reserves Net Present Value (10% discount) of $1.888 billion Before Tax Added 18.9 MMboe Net 2P reserves from Colombia fields TORONTO, March 3, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (" Frontera" or the " Company") today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (" D&M"). ...
United States La Belleza Richard Herbert Year Crude Oil Price Standards For Disclosure Of Oil Colombian Ministry Of Mines

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Storm Resources Ltd.: Storm is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2020

Storm Resources Ltd.: Storm is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2020 0.18 0.15 (2) (2)(4) surplus 121,689 contracts 25,985 124,927 (1) Excludes gains and losses on risk management contracts. (2) Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 38 of the MD&A. CROCE and ROCE are presented on a 12-month trailing basis. (3) Excludes the fair va...
United States Nig Creek British Columbia United Kingdom Carol Knudsen Brian Lavergne

Investegate |Gran Tierra Energy, Inc. Announcements | Gran Tierra Energy, Inc.: Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update

Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D Costs Achieved 2020 Production of 22,624 bopd Forecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33% Reduced Annual Operating and G&A Costs by $92 Million Achieved Companys Best Safety Year in 2020: Zero Lost Time Incident Frequency CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Gran Tie...
United States United Kingdom City Of Rodger Trimble Gran Tierra Naturamazonas Gary Guidry

Obsidian Energy Announces 2020 Reserves Results

us " or " our ") is pleased to announce its independent reserves evaluation for the year ended December 31, 2020, prepared by Sproule Associates Limited (" Sproule "). "Were extremely pleased with our reserves results in 2020," said Stephen Loukas, Obsidian Energys Interim President and CEO. "It was a challenging year with extreme oil price volatility impacting all aspects of our business. Despite this environment, our team continued to deliver strong results by drilling some of the mo...
United States United Kingdom Willesden Green Stephen Loukas National Instrument Barrel Of Oil
Source: menafn.com

Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years

Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update. The financial and operational information contained below is based on the Company’s unaudited expected results for the year ended December 31, 2020. All currency amounts are in United States dollars, unless otherwise ...
La Belleza United States Fortuna Cayena Imad Mohsen Mike Kruchten Dave Taylor

Gran Tierra Energy Inc. Announces 2020 Year-End Reserves and Operational Update

Added 8.3 MMBOE of 1P Reserves Realized 1P Finding and Development Costs of $2.65/boe 1P and 2P Net Asset Value per Share Before Tax of $1.15 and $3.25 1P Reserves Equal 59% of 2P Reserves, Demonstrating Strength of Company’s Proved Reserves Base Achieved Company’s Best Safety Year in 2020: Zero Lost Time Incident Frequency CALGARY, Alberta, Jan. 26, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“ Gran Tierra” or the “ Company“) (NYSE American:GTE) (TSX:GTE) (LSE: GTE), a com...
United States City Of United Kingdom Tony Berthelet Rodger Trimble Gary Guidry

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