Arrow Energy says raises gas reserves by 52 pct
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Mungo [2011-05-20]
PERTH, July 31 - Arrow Energy Ltd (AOE.AX), a partner with Royal Dutch Shell (RDSa.L) in Australia, on Friday raised its coal seam gas reserves by 52 percent and said it now has double the gas required to underpin a small gas export facility.
Arrow said its certified proved and probable (2P) gas reserves has been increased to 2,581 petajoules (PJ), while its proved, probable and possible (3P) gas reserves now stand at 5,412 PJ.