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Last updated on April 18, 2014 at 1:21 EDT

Latest 3P Stories

2014-02-20 08:24:05

2013 F&D Costs of $0.53 per Mcfe and 307 Percent Organic Reserve Replacement Ratio HOUSTON, Feb. 20, 2014 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) today reported 3.61 trillion cubic feet equivalent (Tcfe) of total proved natural gas and crude oil reserves for the year-ended December 31, 2013. The pre-tax estimated future net cash flows discounted at ten percent (PV-10) of the company's proved reserves is $4.1 billion. Ultra replaced 307 percent of 2013 production and...

2014-02-10 04:20:34

After Producing a Record 10.6 MMBOE, 1P Reserves Increased 5% to 55.7 MMBOE, 2P Reserves Increased 81% to 133.1 MMBOE, and 3P Reserves Increase 94% to 217.0 MMBOE all on a Company Interest Basis CALGARY, Feb. 9, 2014 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE; TSX: GTE), a company focused on oil exploration and production in South America, today announced the results of a qualified independent reserve evaluation of the company's reserves by GLJ...

2014-02-04 08:23:05

DENVER, Feb. 4, 2014 /PRNewswire/ -- -- Proved reserves increased by 78% to 7.6 Tcfe and 3P reserves increased by 62% to 35.0 Tcfe at year-end 2013 -- Proved developed reserves increased by 117% to 2.0 Tcfe at year-end 2013 -- Replaced 1,857% of estimated production in 2013 -- Achieved all-in finding and development costs of $0.58 per proved Mcfe during 2013 -- Increased proved reserves pre-tax PV10 by 133% to $7.0 billion, including hedges...

2014-01-21 20:20:36

Working interest Bretaña 2P reserves of 61.5 million barrels of oil and 3P reserves of 113.9 million barrels of oil CALGARY, Jan. 21, 2014 /PRNewswire/ - Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE) (TSX: GTE), a company focused on oil exploration and production in South America, today announced the results of a qualified independent reserve evaluation of the company's Peru reserves by GLJ Petroleum Consultants Ltd. ("GLJ") effective December 31, 2013....

2013-07-29 08:21:44

DENVER, July 29, 2013 /PRNewswire/ -- Antero Resources announced today that its proved reserves at June 30, 2013 were 6.3 Tcfe, a 47% increase compared to its proved reserves at December 31, 2012, in each case assuming ethane rejection as described below. Antero's June 30, 2013 proved reserves exclude 178 MMBbls of ethane, which are not recovered in the SEC price case through processing under current pricing assumptions for ethane and methane. Proved, probable and possible...

2013-04-16 08:23:07

HOUSTON, April 16, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB: FEEC) today announced the release of an updated independent engineering report prepared by RISC Operations Pty Ltd (RISC), an internationally recognized independent petroleum advisory evaluation and valuation firm based in Perth, Australia, with respect to its coalbed methane (CBM) project located in the Shouyang block in Shanxi Province, China as of December 31, 2012. The reserves estimates in the updated RISC...

2013-03-09 23:04:48

3P Logistics is a Warehousing and Distribution Company that is owned privately and operates mainly out of North West of England. The firm provides a wide variety of high quality cost-effective Supply Chain services to B2B as well as B2C companies. Cheshire, UK (PRWEB) March 08, 2013 3P Logistics is a leading provider of logistics and e-fulfilment services to online retailers. The company has recently announced cost-effective e-fulfilment service packages. 3P, one of the top providers for...

2013-02-04 08:21:21

Reserve Additions Replace 205% of Production* on a 1P Company Interest Basis After Producing a Record 8.4 Million Barrels of Oil* CALGARY, Feb. 4, 2013 /PRNewswire/ - Gran Tierra Energy Inc. (NYSE MKT: GTE; TSX: GTE) ("Gran Tierra Energy"), a company focused on oil exploration and production in South America, today announced the results of a qualified independent reserve evaluation of the company's reserves by GLJ Petroleum Consultants Ltd. ("GLJ") effective December 31, 2012....