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Message: Recoverable resources in the Lowlands (Utica)

Recoverable resources in the Lowlands (Utica)

posted on Nov 16, 2009 01:18PM

From the Q3 report and earlier reports we can read about Qec's recoverable resources.

Qec engaged Netherland, Sewell & Associates, Inc.,to calculate these resorces in the Lowlands. This firm has great experience with more established shale plays.

They estimated Qec's interest to be 4.28 Tcf or more than 700 mill boe with a recovery factor of approx 11% of the gas in place.

The

actual recovery factor will probably be much higher, maybe 20% or even more, and this will dramatically affect Qec's recoverable resources.

You do the math !!!

Rgds

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