Proved reserves at Snake River now 14.1m boe with NPV10 $257m. Seems a lot of the Probable reserves have been upgraded to Proved which is good.
Net cash receipts of $3.8m exceeded development spend of $3m, and net cash outflow of only $1.6m which I think is pretty excellent.
Bring on the increased pace in development!
Ann: Quarterly Activities and Cashflow Report , page-2
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