Yukos Oil Reserves Estimated at $43Bln

Independent petroleum consulting company DeGolyer and MacNaughton estimated the cost of proven and probable reserves of Yukos Oil Company to amount to $43 billion. This information is contained in Yukos’ official press release.

The reserves are evaluated using the methodology of the Society of Petroleum Engineers with a ten percent discount rate. The said estimate does not include the value of reserves classified as possible, the value of exploration prospects or the value of Sibneft Oil Company reserves.




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