Reserves Verification - Non-associated Gas Fields

We carried out a reserves verification for a number of non-associated gas properties in Poland to be used as collateral for project finance.The verification was carried out in accordance with the rules set by the PRMS Standards. We used Material Balance and Volumetric analysis to verify detailed 1P, 2P and 3P reserves assessment developed by others. We provided opinion on the veracity of the independent reserves report and its suitabilility as the basis for defining loan collateral. 

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