OIL: CSE
$0.20
OILCF: OTCQB
$0.16
75P: FRA
$0.16

Reserves & Resources

2021 RESERVES SUMMARY

SUMMARY OF PROVED, PROBABLE (2P) RESERVES
(As of September 2021)

$ Amounts in USD   OIL (BBL) GAS (MCF) FUTURE NET
INCOME(1)
PRE-TAX PRESENT
VALUE (10%)
Proved        
Developing Producing 404,470 319,180 $15,731,480 $7,892,300
Developed Non-Producing 192,290 98,390 $7,962,580 $4,486,430
Undeveloped 7,460,810 3,188,700 $313,779,430 $117,303,690
Total Proved  8,057,570 3,606,270 $337,473,490 $129,682,420
Total Probable 13,782,130 11,169,750 $586,858,580 $155,388,830
Total Proved + Probable 21,839,700 14,776,020 $924,332,070(1) $285,071,250
Total increase over
September 2020
+168% +78% +296% +222%

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