RIL to sink? BP math puts D6 reserves at just 1.4 tcf

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http://www.dnaindia.com/money/report_bp-math-puts-d6-reserves-at-just-1-4-tcf_1662053

This could be a stunner if true.

British oil and gas giant BP Plc has — de facto —alluded that reserves in the much-touted D6 gas repository of its partner Reliance Industries (RIL) are just 1.4 trillion cubic feet (tcf),five times lower than what Niko Resources, RIL’s other ally, estimates.

Gagan Dixit and Sapan Shah, analysts with international brokerage Quant, found this out while poring through BP’s annual report published last Friday.