Initial tests showed it has potential reserves of 800 billion cubic feet of gas.
Validation of these potential reserves has been repeatedly delayed, however, due to equipment failures.
To their chagrin, many of the places where proven and potential reserves abound remain off limits.
Other important project for the company includes the development of the Hope Bay region in Canada, which has around 9 million ounces of potential reserves and is the largest known undeveloped gold project in the world.
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As for Enerplus, it may never reach a 14% yield, simply because the trust is so deep in proven reserve life (about 10 years) and in undeveloped potential reserves, including oils sands, which carry a stock-market-type premium these days.
As part of its proven crude reserves, Ecuador has an estimated 900 million barrels (and 1.3 billion barrels of potential recoverable reserves) in the Ishpingo-Tapococha-Tiputini (ITT) block in the Amazon rainforest.
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The dispute has flared in recent months as the region's potential energy reserves begin to draw growing attention.
Quotes on potential Polish reserves range from 1.5 to 5 trillion cubic meters, indicating that it is still unclear what the numbers really are.
While NASA aim to have a moon base by 2025 other space agencies and companies have expressed an interest in the moon and its potential energy reserves.
He has been championing the cause to send a spacecraft onto an asteroid to study the potential mineral reserves there and also how one might be deflected if it was on a collision cause with Earth.
Many short-term foreign loans have been rolled over, relieving the potential strain on those reserves.
This means investors need to maintain reserves against potential claims and cannot distribute all of the proceeds.
Regulators vow to force banks to disclose such promises more openly and increase their reserves against potential future losses from this activity.
But selling non-core assets and reducing loan loss risk and the reserves for potential losses was ostensibly part of their federal bailout deal.
Rathlin Energy was awarded their exploratory licence in 2008 by the Department of Enterprise, Trade and Investment to explore the north coast for potential oil and gas reserves.
Carbon Tracker has been campaigning for regulators to force firms to disclose the potential CO2 emissions embedded in their fossil fuel reserves, in order to inform potential investors.
Recent regulatory changes have prompted a significant decline in loss provisions, meaning that banks will not need to set aside as high levels of reserves for potential losses and will have more capital available for other uses.
It also will magnify the mortgage delinquencies and defaults, and severely depress the value of existing mortgages and derivatives backed by them In recent quarters, banks have booked profits as they reduced their reserves against potential loan losses, but that process will be dramatically reversed.
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The company didn't give the estimated reserves or the potential output from the new discoveries.
It can also entertain far larger pipeline projects than the 16bcm currently being discussed given its reserves and export potential.
According to a statement by Australian Pacific, the exploration arm of Rio Tinto has signed a non-binding letter of intent, wherein the company will undertake the financial and technical risks in examining and estimating the coal reserves and the production potential at the Mt.
Consolidation is key to realising the potential of South Africa's gold reserves, the group said.
Significant potential exists for boosting the proven oil reserves of Kazakhstan, both offshore and onshore.
Dating back several quarters, big banks have allowed the massive reserves put aside to cover potential mortgage losses in the wake of the financial crisis to pad earnings.
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In contrast, the production sharing contracts offered by the Kurds do allow the booking of reserves and no cap on profit potential.
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Second, many banks are reducing reserves, which was money set aside to cover potential losses.
However, it has huge growth potential, not least because its rich in resources such as natural gas reserves.
The lands hold proved natural gas reserves of 3.4 trillion cubic feet and total reserve potential of 35 trillion cubic feet.
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Suspected natural gas reserves have yet to be proved, but they bear the potential to help Europe hedge against uncomfortable reliance on energy from Russian pipelines.
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