InvestorsHub Logo

wshaw14

12/29/13 6:00 PM

#1281 RE: bhumiartha #1280

True, "It is also useful to remember that once production begins, a portion of contingent resources could be reclassified as proven reserves by third party evaluation". And production will enable the new evaluation to be much less conservative because it will give reliable information to base the evaluation on. I dont think there will be another evaluation until after production starts, but I could be wrong.