We developed independent technical reports for the several oil and gas properties for an upcoming listing on the Toronto Stock Exchange (TSX).
The properties evaluated included:
We based our assessments on our extensive experience of the geology of Central Africa along with data from regional geological reports, geochemical studies and satellite imagery. Aero gravimetric, aeromagnetic and seismic surveys shot over a number of the properties were also used to compile our assessments.
The reports set out the prospective resources for the license areas and included an indicative discounted cash flow valuation of the risked recoverable resources.