Reserves and Resources

Information on Reserves and Resources

TRINIDAD

RESERVES

Net Attributable (MMstb)

RESOURCES

Net Attributable (MMstb)

1P

2P

3P

1C

2C

3C

9.1

15.0

21.7

4.6

8.0

15.4 

  1. The summary of reserves and resources was completed in respect to the Company’s three existing assets in Trinidad - Beach Marcelle, Morne Diablo and South Quarry. The effective date for the evaluation is 30 June 2019.
  2. The Company holds 100% interest in Beach Marcelle, Morne Diablo and South Quarry assets.

INDONESIA

 

RESOURCES

Current Net Attributable (MMstb)

 

1C

2C

3C

Associated Gas (Bscf)

1.7

10.9

41.1

Oil (MMstb)

0.9

3.1

18.4

 

 Future Net Attributable (MMstb)

 

1C

2C

3C

Associated Gas (Bscf)

3.2

20.0

75.0

Oil (MMstb)

1.6

5.6

33.6 

  1. The CPR with respect to the Company’s interests in the Perlak field in Indonesia was prepared by LEAP Energy Partners Sdn. Bhd, (“LEAP”). The effective date for the evaluation is 1 August 2017.
  2. The Company's indirect interest in the Perlak field is held through its 60% shareholding in Hengtai, which holds a 78% interest in Lukar which in turn holds a 49% interest in SPC.
  3. ‘Current Net Resources’ relate to the Company’s 23% (indirect) stake.
  4. ‘Future Net Resources’ relate to 42% (indirect) stake, once the minimum work programme is completed at the end of the 3-year period.

Competent Person's Reports (CPR)