NOVATEK Announces Year-End 2016 Reserves

NOVATEK Announces Year-End 2016 Reserves

At year-end 2016, the Company’s reserve to production ratio (or R/P ratio) was 24 years. Under the PRMS reserves reporting methodology, the Company’s total proved plus probable reserves, including the Company’s proportionate share in joint ventures, aggregated 22,756 million boe, including 3,067 bcm of natural gas and 319 mmt of liquid hydrocarbons. Source / More : NOVATEK Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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