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Re: lucky, mydog post# 7575

Tuesday, 08/25/2020 5:52:11 PM

Tuesday, August 25, 2020 5:52:11 PM

Post# of 10175
Unproved reserves are those reserves that technical or other uncertainties preclude from being classified as proved. Unproved reserves may be further categorized as probable and possible reserves:

? probable reserves are those additional reserves that are less likely to be recovered than proved reserves but more certain to be recovered than possible reserves;
? possible reserves are those additional reserves that analysis of geoscience and engineering data suggest are less likely to be recoverable than probable reserves.