Eaglewood Energy Reports its Resource Estimate on Ubuntu Discovery

Eaglewood Energy Inc. (TSXV:EWD) reported its resource estimate on Ubuntu Discovery in Papua New Guinea.

As quoted in the press release:

The updated resource estimate indicates the following:

• The Contingent Resource of the 1C category level on a 100% basis of 29.4 Bscf of natural gas and 1.10 MMBbl of natural gas liquids;

• The Contingent Resource of the 2C category level on a 100% basis has increased to 101.1 Bscf of natural gas and 3.89 MMBbl of natural gas liquids; and,

Click here to read the Eaglewood Energy Inc. (TSXV:EWD) press release.