EXPLORATION

3D upgrades reserves for West Seahorse

3D Oil says an upgrade to reserves and contingent resources at its West Seahorse field, in the offshore Gippsland permit VIC/P57 in Bass Strait, highlights the field's inherent value.

Marija Stojkovic

In its latest reserves assessment, 3D Oil says proved and probable reserves (2P) jumped 14% to 5.3 million barrels. Proved reserves (1P) also increased 32% to 4.1MMbbl, while combined 2P reserves and...

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