North Sea Energy Inc.: 2013 Year End Reserves Information
April 29 2014 - 3:33PM
Marketwired
North Sea Energy Inc.: 2013 Year End Reserves Information
TORONTO, ONTARIO--(Marketwired - Apr 29, 2014) - North Sea
Energy Inc. ("NSE" or the "Company") (TSX-VENTURE:NUK) announces
that its reserves information taken from an evaluation dated
effective December 31, 2013, prepared by Deloitte LLP ("Deloitte")
has been filed on SEDAR (www.sedar.com). The Reserve Report
includes the Jacky producing field reserves only. Net proved and
probable ("2P") reserves as at December 31, 2013 are NIL net to NSE
(2012: 48,000 bbls).
About North Sea Energy
Inc.
North Sea Energy Inc. (TSX-VENTURE:NUK) is an oil and gas
company that holds a portfolio of high impact interests focused on
the Moray Firth in the offshore UK North Sea. These interests
include Bagpuss and Blofeld (blocks 13/24c and 13/25), Norfolk
(blocks 12/16b and 12/17b), Cloud (block 14/29b), Del Monte (block
19/3) and Golden Phoenix (block 18/10a).
Forward-looking statements
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. In particular, forward-looking information
in this press release includes, but is not limited to, statements
with respect to oil reserves and future revenues. Although we
believe that the expectations reflected in the forward-looking
information are reasonable, there can be no assurance that such
expectations will prove to be correct. We cannot guarantee future
results, performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same,
in whole or in part, as those set out in the forward-looking
information. Forward-looking information is based on the opinions
and estimates of management at the date the statements are made,
and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
North Sea Energy Inc.Craig Anderson(416)
366-4700canderson@northseaenergy.caAuburn Partners Inc.Wesleigh
Carusi647-430-8760info@auburnparnters.com
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