CapAllianz updates Thailand Phetchabun Basin 2P oil reserves to 2.2 Mmbbl net to group

Reuters

Mar 12

CapAllianz updates Thailand Phetchabun Basin 2P oil reserves to 2.2 Mmbbl net to group

CapAllianz reported updated reserves and operations for its 20% working interest in onshore oil concessions in Thailand’s Phetchabun Basin, based on an independent assessment by Chapman Hydrogen and Petroleum Engineering. Net 2P oil reserves attributable to the group were 2.2 million barrels, while net 2P gas reserves were 62 thousand barrels of oil equivalent. Net 2P gas reserves were down 33% versus the previous update. The joint operators proposed a workover campaign on three existing producing wells to maintain and enhance oil production. The reserves statement cited a pre-tax discounted cumulative cash flow $(BIT)$ of USD 47.13 million at a 10% annual discount rate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capallianz Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: T7LVJ79YW3JGK0K4) on March 12, 2026, and is solely responsible for the information contained therein.

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Net 2P oil reserves attributable to the group were 2.2 million barrels, while net 2P gas reserves were 62 thousand barrels of oil equivalent. Net 2P gas reserves were down 33% versus the previous update. The joint operators proposed a workover campaign on three existing producing wells to maintain and enhance oil production. The reserves statement cited a pre-tax discounted cumulative cash flow <a href=\"https://laohu8.com/S/BIT\">$(BIT)$</a> of USD 47.13 million at a 10% annual discount rate.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capallianz Holdings Ltd. published the original content used to generate this news brief via <a href=\"https://laohu8.com/S/SPXCF\">Singapore Exchange</a> Limited (SGX) (Ref. ID: T7LVJ79YW3JGK0K4) on March 12, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999013486.USD","symbol_name":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260312:nNDLMfjZP:1","article_id":"2618138683","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618138683","pubTimestamp":1773309856,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CapAllianz reported updated reserves and operations for its 20% working interest in onshore oil concessions in Thailand’s Phetchabun Basin, based on an independent assessment by Chapman Hydrogen and Petroleum Engineering. Net 2P oil reserves attributable to the group were 2.2 million barrels, while net 2P gas reserves were 62 thousand barrels of oil equivalent. Net 2P gas reserves were down 33% versus the previous update. The joint operators proposed a workover campaign on three existing producing wells to maintain and enhance oil production. The reserves statement cited a pre-tax discounted cumulative cash flow  of USD 47.13 million at a 10% annual discount rate.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capallianz Holdings Ltd. 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Net 2P oil reserves attributable to the group were 2.2 million barrels, while net 2P gas reserves were 62 thousand barrels of oil equivalent. Net 2P gas reserves were down 33% versus the previous update. The joint operators proposed a workover campaign on three existing producing wells to maintain and enhance oil production. The reserves statement cited a pre-tax discounted cumulative cash flow $(BIT)$ of USD 47.13 million at a 10% annual discount rate.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capallianz Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. 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