The assessment of the eserves of the Vizeisky formation by Regal Petroleum are less by 5 times

Proved and probable oil-and-gas reserves of British oil-and-gas company Regal Petroleum with the assets in the Ukraine at the Vizeisky formation (“B-sands) make up 31.6 million barrels of oil equivalent (MMboe), while they were assessed at 151.3 MMboe before. It is said about in a statement of the company on the web site of the London Stock Exchange, “Interfax-Ukraine” reports.  

The new assessment was made by ERC Equipoise Limited on December 31, 2012, while the previous one was made by Ryder Scott.

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