Group Petroleum Reserves
Drillsearch Consolidated Proved and Probable hydrocarbon reserves at year end 30th June 2006 were 960 Mboe, Proved, Probable, and Possible reserves were 4110 Mboe.
| Gross YE04 |
Gross YE05 |
% CHANGE | |
|---|---|---|---|
| 1P + 2P (developed + undeveloped) |
Oil mmboe |
Oil mmboe |
|
| Total 2P Australia | 0.54 | 0.70 | |
| Total 2P Canada | 0.26 | 0.26 | |
| 2P Group Total | 0.80 | 0.96 | 20 |
| 3P (developed + undeveloped) |
Oil mmboe |
Oil mmboe |
|
| Total 3P Australia | 1.85 | 3.15 | |
| 3P Group Total | 1.85 | 3.15 | 70 |
| Total Drillsearch Consolidated 3P Reserves | 2.65 | 4.11 | 55 |
Drillsearch expects further increases in reserves and these will be released in late March 2007.