"Incremental upbeat on Turkish oil field
Monday Jul 17 12:25 AEST
Oil junior Incremental Petroleum Ltd says its Turkish oil field has proved and probable reserves of 12.04 million stock tank barrels (MMstb).
The announcement of the figure is the first time the company has released a reserve evaluation for the Selmo oil field, which it acquired soon after it was floated in October 2005.
Incremental said the field had proved reserves of 6.62 MMstb, proved and probable reserves of 12.04 MMstb, and proved, probable and possible reserves of 19.14 MMstb."
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