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Eagle Energy Trust (TSX:EGL.UN) reported 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.
