88 Energy Ltd (EEENF)

[WOOFERHEAD]

From COP Annual report top of page 24-

Unless we successfully add to our existing proved reserves, our future crude oil, bitumen, natural gas and NGL production will decline, resulting in an adverse impact to our business.

The rate of production from upstream fields generally declines as reserves are depleted. If we do not conduct successful exploration and development activities, or, through engineering studies, optimize production performance or identify additional or secondary recovery reserves, our proved reserves will decline materially as we produce crude oil, bitumen, natural gas and NGLs, and our business will experience reduced cash flows and results of operations. Any cash conservation efforts we may undertake as a result of commodity price declines may further limit our ability to replace depleted reserves.

Don't we also have 1 Trillion cubit feet 1 (Tcf ng.)?

https://static.conocophillips.com/files/resources/conocophillips-2020-annual-report.pdf