Porto Energy updates Lusitanian resource estimates

An independent resource evaluation of the seven Portugal concessions in which Porto Energy Corp., The Woodlands, Tex., maintains an interest indicates a Lower Jurassic Lias best estimate prospective resource of 366.8 million bbl of oil equivalent, nearly three times the previous estimate, the company noted.

Send this story to:

Enter the email address of the recipient.
Separate multiple addresses with commas.

Add your own personal message:

Enter your email address:

Note: Your email address is used only to let the recipient know who sent the story, and in case of transmission error. Both your address and the recipient's address will not be used for any other purpose.