Information on Reserves and Resources
TRINIDAD
RESERVES Net Attributable Range (MMstb) | RESOURCES Net Attributable Range (MMstb) | ||||
1P | 2P | 3P | 1C | 2C | 3C |
9.3 | 15.2 | 21.9 | 4.6 | 8.0 | 15.4 |
- 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 2018.
- Range holds 100% interest in Beach Marcelle, Morne Diablo and South Quarry assets.
INDONESIA
RESOURCES Current Net Attributable to Range (MMstb) | |||
| 1C | 2C | 3C |
Associated Gas (Bscf) | 1.7 | 10.9 | 41.1 |
Oil (MMstb) | 0.9 | 3.1 | 18.4 |
| Future Net Attributable to Range (MMstb) | ||
| 1C | 2C | 3C |
Associated Gas (Bscf) | 3.2 | 20.0 | 75.0 |
Oil (MMstb) | 1.6 | 5.6 | 33.6 |
- 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.
- Range’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.
- ‘Current Net Resources’ relate to Range’s 23% (indirect) stake.
- ‘Future Net Resources’ relate to 42% (indirect) stake, once the minimum work programme is completed at the end of the 3-year period.