STU 0.00% 94.0¢ stuart petroleum limited

Yeah. Their Proved reserves are 3mmbl, and their Probable...

  1. 2,834 Posts.
    Yeah. Their Proved reserves are 3mmbl, and their Probable reserves are 0.4 mmbl.


    There would be more Probable reserves if RSW etc were in there, as you dont know much about the size of a field when it's first discovered ... once it's been on tap for a while, you get a better idea of depletion rates etc and you can move reserves from Probable to Proved.

    So, basically, yeah this number will go up.

    BTW, Arwon seems to be about 3 mmbl (same as Worrior), and Stuart have 88% of that ...

    Ian Whitchurch
 
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