• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    Petrobank Announces 2010 Reserves, Including First THAI® Reserves, and Heavy Oil Operational Update

    Investing News Network
    Mar. 10, 2011 11:09AM PST
    Resource Investing News

    Petrobank Energy and Resources Ltd. (TSE:PBG) reports the year end 2010 reserves evaluation and provides an operational update on its Heavy Oil Business Unit.

    Petrobank Energy and Resources Ltd. (TSX:PBG) reports the year end 2010 reserves evaluation and provides an operational update on its Heavy Oil Business Unit.

    The press release is quoted as saying:

    HBU 2P reserves increased 36% to 95.4 million barrels with NPV, before tax, discounted at 8% increasing 50% to $724 million at December 31, 2010. HBU best estimate contingent bitumen resources totalled 560 million barrels with NPV, before tax, discounted at 8% of $3.0 billion.

    Click here to access the entire press release

    heavy oiloil business
    The Conversation (0)

    Go Deeper

    AI Powered
    Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report

    Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report

    Coelacanth Announces Q1 2025 Financial and Operating Results

    Coelacanth Announces Q1 2025 Financial and Operating Results

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×