Proactive Investors – CEO “very pleased” with new reserves upgrade
Keith Bush, chief executive, says he is very pleased with the outcome of the group’s new oil reserves assessment for its assets in Canada.
“We’ve done an amount of work this year that has enabled us to increase the production from the wells on the asset and it has really shown dividends with the increased reserves report,” Bush says in an interview with Proactive Investors.
“This gives us a good footprint to go forward.”
Bush also gives us an insight into the work Northern Petroleum is undertaking to overcome the continued tough conditions for oil and gas juniors.
“This is just the start of the potential for these assets,” he adds.