AUSTRALIA

BMG JV increases reserves: Anzon

THE Basker-Manta-Gummy (BMG) joint venture has increased proved and probable (2P) reserves in the BMG fields, offshore Gippsland Basin Victoria, to 74.2 million barrels of oil equivalent though its estimated 2P resources have been slashed by about 20%.

Marija Stojkovic

According to operator Anzon Australia, a review of hydrocarbon volumes in the fields by Resource Investment Strategy Consultants also found solid remaining proved reserves of 42.9MMboe, and a substantial...

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