Company Share Reserves | ||||
---|---|---|---|---|
Description | Oil (Mbbl) | Gas (MMcf) | NGL (Mbbl) | Total (Mboe) |
Proved producing Proved non-producing Proved undeveloped |
180,317 2,107 101,691 |
190,532 1,427 143,187 |
13,250 44 9,788 |
225,322 2,388 135,343 |
Total Proved Probable |
284,115 101,281 |
335,145 180,433 |
23,081 12,959 |
363,053 144,312 |
Total Proved plus Probable | 385,396 | 515,578 | 36,040 | 507,365 |
|
Before Tax Net Present Value ($MM) (1) Discount Rate | ||||
---|---|---|---|---|---|
Description | 0% | 5% | 10% | 15% | 20% |
Proved producing Proved non-producing Undeveloped |
5,822 89 2,959 |
4,202 62 1,822 |
3,283 47 1,168 |
2,713 37 769 |
2,327 30 514 |
Total proved Probable |
8,871 5,496 |
6,086 2,860 |
4,497 1,778 |
3,519 1,229 |
2,871 910 |
Total proved plus probable | 14,367 | 8,947 | 6,275 | 4,748 | 3,781 |
Per fully diluted share | 34.44 | 21.45 | 17.15 | 15.04 | 11.38 |
(1) Includes abandonment and reclamation costs as defined in NI 51-101.
RECYCLE RATIO is a key measure of profitability in the oil and gas industry. The ratio is calculated by dividing the profit per barrel of oil by the cost of finding and developing the barrel of oil. Whitecap focuses on PDP recycle ratio as this reflects whether we are generating sufficient cashflow to replace the barrels we are producing, and therefore can grow economically through internally generated cashflow.
Click here for full details and disclaimers on our 2019 year end reserves