NZ Oil and Gas says Kupe reserves increased
On Wednesday, Explorer New Zealand Oil and Gas reported that the estimated reserves of the Kupe oil and gas field, in which it has a 15 percent stake, have been increased.
The press release is quoted as saying:
The review showed gas reserves increased by 8 percent, LPG reserves were higher by 5 percent and light oil reserves were up by 27 percent.
Click here to access the entire press release
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Wed, Jul 14, 2010
Oil and Gas Researcher