DRILLING

Maverick doubles proved reserves

MAVERICK Drilling & Exploration continues to post strong numbers in Texas, with its proven reserves almost doubling to 102.3 million barrels of oil on the back of an initial reserves study at its Boling Dome holdings.

James McGrath

Its 2P and 3P reserves also had a similar jump, with the 2P figure now up to 192.2MMbbls and the 3P figure up to 344.3MMbbls. Maverick's 1P figure had grown 80% to 50.6MMbbls on the back of a reserves...

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