Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration company, is pleased to announce the results of an independent review of Prospective Resources by THREE60 Energy Asia Sdn. Bhd.
The PRMS was published in 2007 to establish a universal language to classify petroleum resources based both on their commercial potential and uncertainty in estimates of their recoverable resources.
Independent assessment by US based oil field specialists, Sproule ERCE estimate 13.03 billion barrels (P10) of gross un-risked recoverable prospective oil resources across the upper levels of the ...
Prospective Resources estimate in DeGolyer and MacNaughton report dated Jan. 21, 2013. The Prospective Resources estimate presented in this report has been prepared in accordance with the Petroleum ...
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