Oil and Gas, current Reserve Estimation

Current Reserve Estimation for the Deutsche Rohstoff as of 31.12.2020

The reserves were estimated as of 31.12.2020. The price basis for the value of the reserves is the NYMEX forward curve of 31.12.2020.

Proven Reserves

ProvenBO
(million)
BOE*
(million)
Revenue
(in million USD)
Future Net Income** Undiscounted
(in million USD)
Future Net Income** Discounted (10%)
(in million USD)
CCE5.0512.82308.71122.0983.34
EOG0.832.9656.1326.8218.41
SCOG & BRE3.804.65153.2667.3527.00
Total9.6720.42518.10216.26128.75

*Natural gas is converted to oil equivalent using a factor of 6,000 cubic feet of natural gas per one barrel of oil equivalent.
**Future Net Income is defined as revenues minus partner interest, royalty, development costs, operating costs and production tax.

Probable Reserves

ProbableBO
(million)
BOE*
(million)
Revenue
(in million USD)
Future Net Income** Undiscounted
(in million USD)
Future Net Income** Discounted (10%)
(in million USD)
CCE0.000.000.000.000.00
EOG0.000.000.000.000.00
SCOG & BRE3.033.83128.4449.4514.62
Total3.033.83128.4449.4514.62

*Natural gas is converted to oil equivalent using a factor of 6,000 cubic feet of natural gas per one barrel of oil equivalent.
**Future Net Income is defined as revenues minus partner interest, royalty, development costs, operating costs and production tax.

Proven & Probable Reserves

Proven & ProbableBO
(million)
BOE*
(million)
Revenue
(in million USD)
Future Net Income** Undiscounted
(in million USD)
Future Net Income** Discounted (10%)
(in million USD)
CCE5.0512.82308.71122.0983.34
EOG0.832.9656.1326.8218.41
SCOG & BRE6.838.48281.70116.8041.62
Total12.7024.25646.53265.71143.37

*Natural gas is converted to oil equivalent using a factor of 6,000 cubic feet of natural gas per one barrel of oil equivalent.
**Future Net Income is defined as revenues minus partner interest, royalty, development costs, operating costs and production tax.