Czech Government estimates put the field's original recoverable oil reserves at 236,000 bbls with 208,073 bbls remaining recoverable reserves. Carpathian released no production figures.
It has an initial 75% interest in Krasna that will reduce to 50% once their capital costs of bringing the field into production have been recouped.
The company is also raising approximately $1 million to drill their first gas production well at the nearby Janovice gas field, located only five kilometres from the Krasna field.
