Decimus Oil Corp.
Resource Estimate
Decimus Announces 2025 Year End Financial Results And Reserves
Decimus Oil Corp. announced its 2025 year-end financial results and reserve evaluation, reporting significant increases in reserve volumes across all categories (PDP up 29%, TP up 18%, TPP up 14%). Despite this, the net present value of these reserves, discounted at 10% before tax, saw substantial declines (PDP down 61%, TP down 18%, TPP down 10%), primarily due to lower commodity prices and higher fixed costs. The company highlighted successful waterflood activities and cost reduction initiatives contributing to the reserve growth.