Big Sky Petroleum Corp (TSXV:BSP) announced that a National Instrument 51-101 report for the Wolfcamp Prospect has been prepared by Petrotech Engineering Ltd.
As quoted in the press release:
The evaluation uses the definition of resources and follows the guidelines from the Canadian Oil and Gas Evaluation Handbook (“COGEH”). The net cash flow is calculated at forecast prices and escalated costs on the prospective resources, to all future time and after deduction of the capital and operating costs, royalties, but before deduction of income tax.
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