Please take note that the dollar from totals are from a petrol engineer’s report for only two of $AGYP well sites. And they are at much cheaper than current market prices.
Petroleum engineer study on their Proved, Possible and Probable reserves found that the Green Lease reserves are as follows: Proved: $2,026,500 Probable: $5,781,300 Possible: $12,755,300 TOTAL: $20,563,100
At the Annie Gilmore site, the engineer found: Proved: $6,704,900 Probable and Possible: $5,489,900 TOTAL: $12,194,800