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StonePoint Energy Inc. summary of its 2014 year-end reserves:
Highlights
- 399% increase in Proved plus Probable (2P) gross reserves from 444.8 Mboe at year end 2013 to 2,217.9 Mboe.
- Total Proved (1P) gross reserves increased 270% from 278.0 Mboe at year end 2013 to 1,028.9 Mboe.
- Proved Developed Producing (PDP) gross reserves increased from 37.6 Mboe at year end 2013 to 280.6 Mboe representing an increase of 646%.
- Before tax net present value of our 2P gross reserves discounted at 10% (NPV10) was $14.3 million compared to $6.3 million at year-end 2013.
- Company's net asset value (NAV) per share at December 31, 2014 is $0.14 (1)
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