Operational Updates
Yoho Resources Talks Kaybob, Nig Montney Operations
Yoho Resources Inc. has reported its operational and financial statements for the year ended September 30, 2012.
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).
Highlights
• Yoho's proved plus probable reserves as evaluated by GLJ as at September 30, 2012 increased 96% to 27.4 MMboe from 14.0 MMboe at September 30, 2011. The Company's proved reserves as at September 30, 2012 increased 40% to 10.8 MMboe from 7.7 MMboe. The percentage of Yoho's proved plus probable reserves that are natural gas liquids has increased to 29% at September 30, 2012 from…
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