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Faroe Petroleum declares results of technical report

Faroe Petroleum declares the independent technical report by Senergy (GB) Limited. LR Senergy have completed their independent technical report on

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Faroe Petroleum-13

Faroe Petroleum declares the independent technical report by Senergy (GB) Limited.

LR Senergy have completed their independent technical report on Faroe's reserves for 2015, and the 2015 year-end numbers are materially higher than those reported for year-end 2014.

Proved plus Probable 2P reserves net to Faroe at 1 January 2016 have been estimated at 60.6 mmboe, representing an increase of 9

Tags: Faroe Petroleum, LR Senergy