Exploration & Production | Operational Updates
Yoho Resources Drilling First Horz Duvernay Well
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Yoho is also pleased to announce the results of a reserve and contingent resource assessment of the Company's Kaybob Duvernay assets and an updated reserve and contingent resource assessment of certain of the Company's Nig Montney assets as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ").
The best estimate for the Company's Contingent Resources for the evaluated area at Kaybob in the Duvernay formation is 47.3 MMboe net as at September 30, 2012, consisting of 162.6 bcf of natural gas and 20.2 million barrels of natural gas liquids. This estimate excludes all proved plus probable reserves assigned to Yoho's interests at Kaybob by GLJ as at September 30, 2012.
Kaybob Duvernay
Yoho is currently drilling the first two horizontal Duvernay development wells from a pad site at 15P-16-62-21…
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