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    Twoco Petroleums Reports Surge of 104% in its Reserve Base

    Investing News Network
    Mar. 14, 2012 09:15PM PST
    Resource Investing

    Twoco Petroleums Ltd. (TSXV:TWO) reported a surge of 104% in its oil and natural gas reserve base in 2011.

    Twoco Petroleums Ltd. (TSXV:TWO) reported a surge of 104% in its oil and natural gas reserve base in 2011.

    As quoted in the press release:

    Total Proved plus Probable heavy oil reserves of 3,442,700 barrels represents a 718% increase from the December 31, 2010 corporate reserve evaluation of the Company’s Sparky heavy oil property in the Warspite area.

    Click here to read the Twoco Petroleums Ltd. (TSXV:TWO) press release.

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