Buscar Company (CGLD)

[moneymarkets]

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.