Business
Sahara Energy Ltd. - 2010 Year End Reserves
Apr. 1, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR F...
About this update from Capitan Investment Ltd.
[{"type":"text","content":"\n\n\n Apr. 1, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE U.S./\n\n\nCALGARY, April 1 /CNW/ - Sahara Energy Ltd. (TSXV: SAH) ("Sahara" or the "Company") is pleased to report that in accordance with National Instrument\n 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"), DeGolyer and MacNaughton Canada Limited have completed the\n evaluation of the Company's reserves as of December 31, 2010.\n Highlights of this report are as follows:\n\n\n\n\n\n\n\nTOTAL COMPANY\n\n \n\nCOMPANY SHARE - FORECAST PRICE CASE\n\n\n\n \n \n\nFuture Net Revenue Before Income Tax as of December 31, 2010\n\n\n\n\nReserve Category\n\n \n\nUndiscounted\n\n \n \n\nDiscounted\n\n\n\n \n \n \n \n \n\nat 5%\n\n \n \n\nat 10%\n\n \n \n\nat 15%\n\n \n \n\nat 20%\n\n\n\n \n \n\nM$\n\n \n \n\nM$\n\n \n \n\nM$\n\n \n \n\nM$\n\n \n \n\nM$\n\n\n\n\nProved Developed\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\n \n\nProducing\nNon-Producing\n\n \n\n320\n587\n\n \n \n\n299\n567\n\n \n \n\n281\n546\n\n \n \n\n264\n527\n\n \n \n\n250\n508\n\n\n\n\nProved Undeveloped\n\n \n\n2,439\n\n \n \n\n1,927\n\n \n \n...