(via NewsDirect)
Holland gives an overview of the report, highlighting a 263% increase in the company's reserves since 2016 - a material boost primarily attributed to the development plan for two new infill wells. This development, both approved and fully funded, marks a shift from contingent resources to reserves, pending necessary permits from the
Holland also highlighted the success of the Ashover reservoir at the company's Wressle site, noting a 59% increase over initial estimates, with 600,000 barrels still to be extracted. This achievement underscores the reservoir's robust performance and potential for continued success.
Beyond Wressle,
Regarding upcoming news, Holland indicated potential updates from various areas, including an awaited extension approval in
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