Prospectus re Admission to the Official List - Heritage Oil

emaining quantities recovered will be greater or less than thesum of the estimated Proved plus Probable Reserves‘‘Proved Reserves’’‘‘psi’’‘‘psia’’‘‘SPE’’‘‘WPC’’‘‘WTI’’those reserves that can be estimated with a high degree ofcertainty to be recoverable. It is likely that the actual remainingquantities recovered will exceed the estimated Proved Reservespounds per square inchpounds per square inch absoluteSociety of Petroleum EngineersWorld Petroleum CouncilWest Texas IntermediateNote (1): Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf: 1 Bbl isbased on an energy equivalency conversion method primarily applicable at the burner tip and does notrepresent a value equivalency at the wellhead.CONVERSIONThe following table sets forth standard conversions from Standard Imperial Units to the InternationalSystem of Units (or metric units).To Convert From To Multiply Byboes Mcfs 6Mcf m 3 28.174m 3 Cubic feet 35.494bbls m 3 0.159m 3 bbls oil 6.290Feet Metres 0.305Metres Feet 3.281Miles Kilometres 1.609Kilometres Miles 0.621Acres Hectares 0.405Hectares (Saskatchewan) Acres 2.471Hectares (Alberta) Acres 2.500305