Peter Rosenthal, CEO commented: "I am pleased to see a good increase in the Company's proved reserves, as well as a reflection of the progress we are making focusing on our domestic assets. Our strategy is to further increase our domestic reserves through proving up our probable reserves, and increasing production by applying proven, best-practice techniques and technologies. With a clear focus and a strong team in place at Sonoran, we see good opportunities to add complementary projects and properties to our domestic portfolio."
Ralph Watkins, Sr. VP Operations commented: "I look forward to report progress over the next months as we bring more of our proved reserves into production."
Most Popular Articles