Perenco has succeeded in replenishing reserves while maintaining steady growth by:
• Bringing undeveloped fields to production or re-developing fields
• Unlocking potential from large, under-performing accumulations
• Pursuing an aggressive exploration program and accelerating the development of discoveries
• Unlocking potential from large, under-performing accumulations
• Pursuing an aggressive exploration program and accelerating the development of discoveries
Perenco's reserves have been certified annually by Ryder Scott since 2002.
The table above summarises:
In 2005, Perenco net production reached 60 MMBOE. The company's 2P reserves equate to more than 10 years of production at current levels.
The table above summarises:
• Proved reserves conforming to Security and Exchange Commission (SEC) definitions
• Probable reserves conforming to Society of Petroleum Engineers (SPE) and World Petroleum Congress (WPC) definitions
• Probable reserves conforming to Society of Petroleum Engineers (SPE) and World Petroleum Congress (WPC) definitions
In 2005, Perenco net production reached 60 MMBOE. The company's 2P reserves equate to more than 10 years of production at current levels.