CORRECTION: Ryder Scott Responds to PDVSA's Carabobo 2 Figures

Ryder Scott has informed Rigzone that a BNamericas article posted on May 29, 2007, "Ryder Scott Certifies Another 30.7B at Carabobo 2 PDVSA," contains erroneous information.

In the original article, BNamericas published information supplied by PDVSA, which claimed that Ryder Scott certified Carabobo 2's recoverable proved reserves volume at approximately 6 billion barrels. Ryder Scott pointed out this figure is PDVSA's and not Ryder Scott's.

Since then, PDVSA has corrected the erroneous information that it released. Ryder Scott was not involved in PDVSA's release of these figures. Ryder Scott did estimate the oil in place at 30.7 billion barrels.


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