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Stock Market & Financial Investment News

News Breaks
December 12, 2013
08:07 EDTMILLMiller Energy announces increase in estimated value of Cook Inlet reserves
Miller Energy Resources announced a "substantial" increase in the value of its reserves located in the Cook Inlet area of Alaska based on a report issued by Ryder Scott Company, an independent petroleum reserves engineering consulting firm. The Proved Developed Reserves PV-10 increased from $32.8M to $297.8M and are expected to increase to over $350M following the acquisition of North Fork, the company said. The majority of the increase to the existing asset base is attributable to the success of the Sword-1 well, with recoverable reserves of 898 Mbbls and a PV-10 value of $63.4M, RU-2A, with recoverable reserves of 1.5 MMbbls and a PV-10 value of $78.0M, RU-1A with recoverable reserves of 1.0 MMbbls and a PV-10 value of $52.0M, and RU-5A, with recoverable reserves of 516 Mbbls and a PV-10 value of $25.1M.
News For MILL From The Last 14 Days
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April 8, 2014
07:10 EDTMILLMiller Energy management to meet with Brean Capital
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April 7, 2014
10:50 EDTMILLHigh option volume stocks: HST SEAS SXC CMCSK MILL
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