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View Full Version : Molopo announces major reserves upgrade to Mungi/Harcourt area.


Sparty
03-09-2010, 07:02 AM
Substantial Reserves Upgrade and Record Production Achieved In Queensland Coalbed Methane Fields

Molopo announces major reserves upgrade to Mungi/Harcourt area.

Net 2P increases from 50 PJ to 176 PJ, a 256% increase.
Net 3P increases from 242 PJ to 443 PJ, a 83% increase.
Net Total recovery (3P and contingent resources) increases to 1484 PJ net Molopo.

Mungi-20V establishes new production record for a well the Mungi Field with production building to 1.8 MMscf/d and still increasing. Mungi Field reaches record production level.

Molopo's Pre-emption of ATP564 provides it with a strong base of gas reserves not committed through firm supply arrangements.

The above are just a very small part of what MPO has to offer.....

www.australian-shares.com/mining/MPO
(http://www.australian-shares.com/mining/MPO)
09/03/2010 Reserves Upgrade and Record Production for Queensland (http://clients.weblink.com.au/clients/molopo/article.asp?asx=MPO&view=3333542) http://clients.weblink.com.au/clients/molopo/iconpdf.gif (http://clients.weblink.com.au/clients/molopo/article.asp?asx=MPO&view=3333542)

08/02/2010 Canadian Oil Projects Update (http://clients.weblink.com.au/clients/molopo/article.asp?asx=MPO&view=3331940)