GAS

QGC tops up reserves

QUEENSLAND Gas Company has upgraded its proved (1P) reserves by 16% to 705 petajoules following an analysis of production data by independent certifiers Netherland Sewell and Associates.

The certification also upgraded QGC's 2P (proved and probable) reserves by 12% to 2703PJ though 3P reserves decreased slightly to 7103PJ, though the company said this was still inside the margin for error....

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