Member Info for Mrzippo

These numbers published today are inline with Conrad’s own numbers that Coro published on 14 April:

Low case 323 bcf (conrad) 287 bcf (GCA)
Mid case 493 bcf (conrad) 495 bcf (GCA)
High case 666 bcf (conrad) 817 bcf (GCA)

Larger range in the GCA numbers.
https://oilvoice.com/Press/43176/Conrad-Petroleum-Announces-the-Completion-of-Internal-Study-and-3rd-Party-Audit-Confirming-Significant-Resource-Upgrade

Conrad have released GCA numbers today. Consistent with their internal numbers....

Results of the updated resource audit

The revised estimates of gross (full field) recoverable dry gas audited in the May 2020 GCA audit are:

Contingent Resource Estimate

January 2019 GCA Audit

May 2020 GCA Audit

Increase



Bcf

Bcf

%

1C (Low Case)

184

287

56

2C (Mid Case)

276

495

79

3C (High Case)

392

817

108



The full field resources above are classified in the May 2020 GCA audit as contingent. Gas volumes are expected to be upgraded to reserves when certain commercial milestones are achieved, including execution of a gas sales agreement and a final investment decision ("FID").

Can you provide link? What is ‘AFC’?