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.