|
|
 |
Unaudited Statement of Net Commercial Oil and Gas Reserve Quantities
| |
Oil |
Gas |
Petroleum |
| |
Million
bbl |
bcf |
Million
boe |
| At 31 Dec 2007 |
|
|
|
| Proven reserves |
- |
- |
- |
| Probable reserves |
26.61 |
- |
26.61 |
| |
26.61 |
- |
26.61 |
| At 31 Dec 2006 |
|
|
|
| Proven reserves |
- |
- |
- |
| Probable reserves |
- |
- |
- |
| |
- |
- |
- |
Notes
- The Reserve estimates shown in this report are based upon the joint reserve and resource definitions of the Society of Petroleum Engineers, the World Petroleum Congress, and the American Association of Petroleum Geologists.
- Proven and probable reserves in Italy represent the Group’s reserves as determined by Blackwatch Petroleum Services in independent valuations of some of the Group’s oil and gas assets in that country during the fourth quarter of 2007.
- Quantities of oil equivalent are calculated using a gas-to-oil conversion factor of 5,800 scf of gas per boe.
|
