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| | Valiant Energy Announces Reserves and Operations Update : ArriveNet Press Releases : Industry (Site not responding. Last check: 2007-10-31) |
 | | At May 31, 2006, the Company's working interest proved plus probable reserves, using forecast prices and costs, totaled 3,545 mboe, consisting of 1,547 mbbls of oil, 11,077 mmcf of natural gas and 152 mbbl of natural gas liquids. |
 | | At December 31, 2005, the Company's working interest proved plus probable reserves, using forecast prices and costs, totaled 2,202 mboe, consisting of 1,122 mbbls of oil, 5,697 mmcf of natural gas and 131 mbbl of natural gas liquids. |
 | | The reserves additions since the date of the 2005 year end reserve report were the result of a successful exploration and development drilling program in the Company's core operating areas at Leaman, Niton, the Peace River Arch, and west central Alberta during the first five months of 2006. |
| press.arrivenet.com /industry/article.php/806406.html (1379 words) |
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