RESERVESIn 2006 Count Geophysics and Oilfield Production Consultants (OPC) Limited produced an Evaluation Report covering SC72. The report indicated mean resources of 3.4 TCF Gas in Place (GIP) with potential upside ranging up to 20TCF Gas in Place (GIP).
PGS has produced an Oil & Gas Competent Person's Report covering SC 40 (Cebu). On a risked basis, estimated potential reserves from the two discoveries total some 1.14 BCF of gas and estimated risked reserves from prospects within the licence total 93 mmbbls or 320 BCF in a gas case. Potential unrisked reserves estimates for the seven prospects and two discoveries within the SC40 licence total some 907 mmbbls in the oil case or 3,167 BCF in the gas case.