Roc cuts BMG reserves estimate by 70-80%

摘要

Melbourne, Australia-Australia's Roc Oil February 3 slashed estimates of the proved and probable oil and gas reserves at the Basker-Manta-Gummy joint venture in the Bass Strait by 70-80% and warned the finding may cut its own reserve estimates by 20-25%.The results from a preliminary full-field study into the Basker and Manta reservoirs indicated proved and probable reserves of between 3 million and 5 million barrels of oil equivalent rather than the 18 million boe estimated earlier, the company said in a statement to the Australian Securities Exchange.