Eagle Energy Trust: 2011 Independent Reserves Evaluation Results

Eagle Energy Trust (TSX:EGL.UN) reported 2011 independent reserves evaluation results.

As quoted in the press release:

2011 Year End Reserve Report – Highlights

• Total proved and probable reserves of approximately 7,674 Mbbls of oil, 48% of which are categorized as proved.

• Total reserve additions of 1,101 Mbbls since December 31, 2011, resulting in a reserves replacement ratio of 220% of Eagle’s volumes produced from January to December 2011.

Click here to read the Eagle Energy Trust (TSX:EGL.UN) press release.