
NOVATEK’s 2019 Organic Reserve Replacement Reached 252%
PAO NOVATEK today announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 December 2019. Total SEC proved reserves, including the Company’s proportionate share in joint ventures, aggregated 16,265 million barrels of oil equivalent (boe), including 2,234 billion …