# Tuktu Resources Ltd. Announces 2024 Year-End Reserves and Operations Update Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca Original source: https://money.tmx.com/en/quote/TUK/news/8109064282380402/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update Publisher: tmx Original announcement: 2025-03-24T21:50:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Tuktu Resources Ltd. - Ticker: TUK - Exchange: TSX - Region: Alberta, Canada - Primary commodity: Oil - Secondary commodities: Natural gas - Document categories: Resource update, Production - Extracted: 2026-09-17 03:32:50 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Tuktu Resources Ltd. announced its 2024 year-end independent oil and gas reserves evaluation, reporting significant increases across all categories. Total proved plus probable reserves increased by 204% to 4,914 Mboe, with a 624% increase in corresponding net present value to $69.0 million \(before tax, 10% discount\). A new Banff discovery well is outperforming production estimates by approximately 50%. Reasoning: Tuktu Resources Ltd. announced its 2024 year-end reserves, showing substantial growth in both proved and proved plus probable categories, along with significant increases in net present value. A new discovery well is also outperforming initial production estimates, indicating strong operational performance and future potential. - Positive factor: Significant reserve increases across all categories - Positive factor: Substantial increase in net present value \(NPV\) - Positive factor: New discovery well outperforming production estimates - Positive factor: NI 51-101 and COGEH compliant report Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 90 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 90. Some facts used in scoring do not have a stored record. ## Resource Estimates (90) ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-0) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 279.4 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Producing reserves of Tight Oil are reported at 279.4 Mbbl, indicating a significant and highly confident reserve base. - Positive factor: Proved Developed Producing category indicates high confidence and immediate production potential. Evidence · table > 279.4 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-1) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 234.3 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Producing reserves of Tight Oil are reported at 234.3 Mbbl, representing the company's interest after royalties. - Positive factor: Net Proved Developed Producing reserves of Tight Oil are reported, indicating high confidence and immediate production potential. Evidence · table > 234.3 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-2) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0.4 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Producing reserves of Light and Medium Oil are reported at 0.4 Mbbl, a small but highly confident reserve. - Positive factor: Proved Developed Producing category indicates high confidence and immediate production potential. Evidence · table > 0.4 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-3) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0.3 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Producing reserves of Light and Medium Oil are reported at 0.3 Mbbl, representing the company's interest after royalties. - Positive factor: Net Proved Developed Producing reserves of Light and Medium Oil are reported, indicating high confidence and immediate production potential. Evidence · table > 0.3 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-4) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 4836 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Producing reserves of Conventional Natural Gas are reported at 4,836.0 MMcf, indicating a significant and highly confident reserve base. - Positive factor: Proved Developed Producing category indicates high confidence and immediate production potential. Evidence · table > 4,836.0 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-5) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 4179.4 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Producing reserves of Conventional Natural Gas are reported at 4,179.4 MMcf, representing the company's interest after royalties. - Positive factor: Net Proved Developed Producing reserves of Conventional Natural Gas are reported, indicating high confidence and immediate production potential. Evidence · table > 4,179.4 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-6) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 1085.8 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Producing reserves of Oil Equivalent are reported at 1,085.8 Mboe, representing a substantial and highly confident reserve base. - Positive factor: Proved Developed Producing category indicates high confidence and immediate production potential. - Positive factor: Significant volume of oil equivalent reserves. Evidence · table > 1,085.8 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-7) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 931.2 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Producing reserves of Oil Equivalent are reported at 931.2 Mboe, representing the company's interest after royalties. - Positive factor: Net Proved Developed Producing reserves of Oil Equivalent are reported, indicating high confidence and immediate production potential. - Positive factor: Significant volume of oil equivalent reserves. Evidence · table > 931.2 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-8) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 51.6 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Non-Producing reserves of Tight Oil are reported at 51.6 Mbbl, representing future production potential from developed wells. - Positive factor: Proved Developed Non-Producing category indicates high confidence in future production. Evidence · table > 51.6 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-9) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 46 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Non-Producing reserves of Tight Oil are reported at 46.0 Mbbl, representing the company's interest after royalties. - Positive factor: Net Proved Developed Non-Producing reserves of Tight Oil are reported, indicating high confidence in future production. Evidence · table > 46.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-10) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Non-Producing reserves of Light and Medium Oil are reported as 0.0 Mbbl, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Light and Medium Oil. Evidence · table > 0.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-11) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Non-Producing reserves of Light and Medium Oil are reported as 0.0 Mbbl, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Light and Medium Oil. Evidence · table > 0.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-12) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Non-Producing reserves of Conventional Natural Gas are reported as 0.0 MMcf, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Conventional Natural Gas. Evidence · table > 0.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-13) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Non-Producing reserves of Conventional Natural Gas are reported as 0.0 MMcf, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Conventional Natural Gas. Evidence · table > 0.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-14) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 51.6 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Developed Non-Producing reserves of Oil Equivalent are reported at 51.6 Mboe, representing future production potential from developed wells. - Positive factor: Proved Developed Non-Producing category indicates high confidence in future production. Evidence · table > 51.6 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-15) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 46 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Developed Non-Producing reserves of Oil Equivalent are reported at 46.0 Mboe, representing the company's interest after royalties. - Positive factor: Net Proved Developed Non-Producing reserves of Oil Equivalent are reported, indicating high confidence in future production. Evidence · table > 46.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-16) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 249.9 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Undeveloped reserves of Tight Oil are reported at 249.9 Mbbl, representing future development potential. - Positive factor: Proved Undeveloped category indicates high confidence in future development. Evidence · table > 249.9 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-17) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 216.6 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Undeveloped reserves of Tight Oil are reported at 216.6 Mbbl, representing the company's interest after royalties. - Positive factor: Net Proved Undeveloped reserves of Tight Oil are reported, indicating high confidence in future development. Evidence · table > 216.6 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-18) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Undeveloped reserves of Light and Medium Oil are reported as 0.0 Mbbl, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Light and Medium Oil. Evidence · table > 0.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-19) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Undeveloped reserves of Light and Medium Oil are reported as 0.0 Mbbl, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Light and Medium Oil. Evidence · table > 0.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-20) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Undeveloped reserves of Conventional Natural Gas are reported as 0.0 MMcf, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Conventional Natural Gas. Evidence · table > 0.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-21) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Undeveloped reserves of Conventional Natural Gas are reported as 0.0 MMcf, indicating no current reserves in this category. - Negative factor: No reserves reported in this category for Conventional Natural Gas. Evidence · table > 0.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-22) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 249.9 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Proved Undeveloped reserves of Oil Equivalent are reported at 249.9 Mboe, representing future development potential. - Positive factor: Proved Undeveloped category indicates high confidence in future development. Evidence · table > 249.9 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-23) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 216.6 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Proved Undeveloped reserves of Oil Equivalent are reported at 216.6 Mboe, representing the company's interest after royalties. - Positive factor: Net Proved Undeveloped reserves of Oil Equivalent are reported, indicating high confidence in future development. Evidence · table > 216.6 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-24) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 580.9 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved reserves of Tight Oil are reported at 580.9 Mbbl, representing a substantial and highly confident reserve base. - Positive factor: Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of tight oil reserves. Evidence · table > 580.9 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-25) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 496.9 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved reserves of Tight Oil are reported at 496.9 Mbbl, representing the company's interest after royalties. - Positive factor: Net Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of tight oil reserves. Evidence · table > 496.9 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-26) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 0.4 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved reserves of Light and Medium Oil are reported at 0.4 Mbbl, a small but highly confident reserve. - Positive factor: Total Proved category indicates high confidence in overall reserves. Evidence · table > 0.4 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-27) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 0.3 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved reserves of Light and Medium Oil are reported at 0.3 Mbbl, representing the company's interest after royalties. - Positive factor: Net Total Proved category indicates high confidence in overall reserves. Evidence · table > 0.3 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-28) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 4836 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved reserves of Conventional Natural Gas are reported at 4,836.0 MMcf, representing a substantial and highly confident reserve base. - Positive factor: Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of conventional natural gas reserves. Evidence · table > 4,836.0 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-29) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 4179.4 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved reserves of Conventional Natural Gas are reported at 4,179.4 MMcf, representing the company's interest after royalties. - Positive factor: Net Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of conventional natural gas reserves. Evidence · table > 4,179.4 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-30) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven - Contained Metal: 1387.3 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved reserves of Oil Equivalent are reported at 1,387.3 Mboe, representing a substantial and highly confident reserve base. - Positive factor: Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of oil equivalent reserves. Evidence · table > 1,387.3 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-31) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven - Contained Metal: 1193.8 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved reserves of Oil Equivalent are reported at 1,193.8 Mboe, representing the company's interest after royalties. - Positive factor: Net Total Proved category indicates high confidence in overall reserves. - Positive factor: Significant volume of oil equivalent reserves. Evidence · table > 1,193.8 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-32) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 2846.5 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Probable reserves of Tight Oil are reported at 2,846.5 Mbbl, indicating significant future potential. - Positive factor: Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of tight oil reserves. Evidence · table > 2,846.5 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-33) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 2362.8 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Probable reserves of Tight Oil are reported at 2,362.8 Mbbl, representing the company's interest after royalties and significant future potential. - Positive factor: Net Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of tight oil reserves. Evidence · table > 2,362.8 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-34) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 114.3 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Probable reserves of Light and Medium Oil are reported at 114.3 Mbbl, indicating future potential. - Positive factor: Probable category indicates good potential for future conversion to proved reserves. Evidence · table > 114.3 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-35) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 106.4 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Probable reserves of Light and Medium Oil are reported at 106.4 Mbbl, representing the company's interest after royalties and future potential. - Positive factor: Net Probable category indicates good potential for future conversion to proved reserves. Evidence · table > 106.4 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-36) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 3396.1 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Probable reserves of Conventional Natural Gas are reported at 3,396.1 MMcf, indicating significant future potential. - Positive factor: Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of conventional natural gas reserves. Evidence · table > 3,396.1 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-37) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 2820.2 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Probable reserves of Conventional Natural Gas are reported at 2,820.2 MMcf, representing the company's interest after royalties and significant future potential. - Positive factor: Net Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of conventional natural gas reserves. Evidence · table > 2,820.2 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-38) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 3526.8 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Probable reserves of Oil Equivalent are reported at 3,526.8 Mboe, indicating significant future potential. - Positive factor: Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of oil equivalent reserves. Evidence · table > 3,526.8 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-39) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 2939.2 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Probable reserves of Oil Equivalent are reported at 2,939.2 Mboe, representing the company's interest after royalties and significant future potential. - Positive factor: Net Probable category indicates good potential for future conversion to proved reserves. - Positive factor: Large volume of oil equivalent reserves. Evidence · table > 2,939.2 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-40) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 3427.4 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved Plus Probable reserves of Tight Oil are reported at 3,427.4 Mbbl, representing a very large overall reserve base. - Positive factor: Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of tight oil reserves. Evidence · table > 3,427.4 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-41) tight oil #### Identity - Commodity: tight oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 2859.7 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved Plus Probable reserves of Tight Oil are reported at 2,859.7 Mbbl, representing the company's interest after royalties and a very large overall reserve base. - Positive factor: Net Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of tight oil reserves. Evidence · table > 2,859.7 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-42) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 114.7 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved Plus Probable reserves of Light and Medium Oil are reported at 114.7 Mbbl, contributing to the overall reserve base. - Positive factor: Total Proved Plus Probable category indicates significant overall reserve potential. Evidence · table > 114.7 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-43) light and medium oil #### Identity - Commodity: light and medium oil - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 106.7 - Contained Unit: mbbl #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved Plus Probable reserves of Light and Medium Oil are reported at 106.7 Mbbl, representing the company's interest after royalties and contributing to the overall reserve base. - Positive factor: Net Total Proved Plus Probable category indicates significant overall reserve potential. Evidence · table > 106.7 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-44) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 8232.1 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved Plus Probable reserves of Conventional Natural Gas are reported at 8,232.1 MMcf, representing a very large overall reserve base. - Positive factor: Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of conventional natural gas reserves. Evidence · table > 8,232.1 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-45) conventional natural gas #### Identity - Commodity: conventional natural gas - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 6999.5 - Contained Unit: mmcf #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved Plus Probable reserves of Conventional Natural Gas are reported at 6,999.5 MMcf, representing the company's interest after royalties and a very large overall reserve base. - Positive factor: Net Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of conventional natural gas reserves. Evidence · table > 6,999.5 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-46) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable - Contained Metal: 4914.1 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Gross Total Proved Plus Probable reserves of Oil Equivalent are reported at 4,914.1 Mboe, representing a very large overall reserve base. - Positive factor: Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of oil equivalent reserves. Evidence · table > 4,914.1 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-47) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable - Contained Metal: 4132.9 - Contained Unit: mboe #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Net Total Proved Plus Probable reserves of Oil Equivalent are reported at 4,132.9 Mboe, representing the company's interest after royalties and a very large overall reserve base. - Positive factor: Net Total Proved Plus Probable category indicates significant overall reserve potential. - Positive factor: Very large volume of oil equivalent reserves. Evidence · table > 4,132.9 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-48) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 - Prior Contained Metal: 920.9 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Proved Developed Producing oil equivalent reserves increased from 920.9 Mboe in the prior year to 1,085.8 Mboe, indicating growth in highly confident reserves. - Positive factor: Increase in Proved Developed Producing reserves from prior year. Evidence · table > 920.9 Context: December 31, 2023 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-49) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 - Prior Contained Metal: 1080.6 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Total Proved oil equivalent reserves increased from 1,080.6 Mboe in the prior year to 1,387.3 Mboe, indicating substantial growth in overall proved reserves. - Positive factor: Significant increase in Total Proved reserves from prior year. Evidence · table > 1,080.6 Context: December 31, 2023 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-50) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 - Prior Contained Metal: 535.3 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Probable oil equivalent reserves increased dramatically from 535.3 Mboe in the prior year to 3,526.8 Mboe, indicating substantial new potential. - Positive factor: Very significant increase in Probable reserves from prior year. Evidence · table > 535.3 Context: December 31, 2023 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-51) oil equivalent #### Identity - Commodity: oil equivalent - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 - Prior Contained Metal: 1615.9 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Total Proved Plus Probable oil equivalent reserves increased dramatically from 1,615.9 Mboe in the prior year to 4,914.1 Mboe, indicating substantial overall growth. - Positive factor: Very significant increase in Total Proved Plus Probable reserves from prior year. Evidence · table > 1,615.9 Context: December 31, 2023 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-52) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Future development costs for Proved Developed Producing reserves are estimated at $0.0 M$, suggesting no further capital expenditure is planned for this category in the near term. - Negative factor: No future development costs are estimated for Proved Developed Producing reserves, which could indicate limited growth potential for this category. Evidence · table > 0.0 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-53) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Future development costs for Proved Developed Non-Producing reserves are estimated at $325.0 M$, indicating planned capital expenditure in 2025. - Positive factor: Future development costs are allocated to Proved Developed Non-Producing reserves, indicating planned investment to bring these reserves online. Evidence · table > 325.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-54) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Future development costs for Proved Undeveloped reserves are estimated at $5,501.3 M$, indicating significant planned capital expenditure in 2027. - Positive factor: Significant future development costs are allocated to Proved Undeveloped reserves, indicating substantial planned investment to bring these reserves into production. Evidence · table > 5,501.3 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-55) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:7ec9e105b35d3dcb509b - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Total future development costs for Proved reserves are estimated at $5,826.3 M$, indicating substantial planned capital expenditure over the next few years. - Positive factor: Significant future development costs are allocated to Total Proved reserves, indicating substantial planned investment to bring these reserves into production. Evidence · table > 5,501.3 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-56) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Future development costs for Probable reserves are estimated at $50,173.7 M$, indicating very substantial planned capital expenditure over the next few years. - Positive factor: Very significant future development costs are allocated to Probable reserves, indicating substantial planned investment to bring these reserves into production. Evidence · table > 22,098.7 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-57) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:8e2326f4d6c2353ff6ec - Resource basis: gross #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: Total future development costs for Proved Plus Probable reserves are estimated at $55,999.9 M$, indicating very substantial planned capital expenditure over the next few years. - Positive factor: Very significant future development costs are allocated to Total Proved Plus Probable reserves, indicating substantial planned investment to bring these reserves into production. Evidence · table > 27,600.0 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-58) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Producing reserves is reported at $15,829.5 M$ \(before tax, 0% discount\), indicating significant value from currently producing assets. - Positive factor: High NPV for Proved Developed Producing reserves at 0% discount rate, indicating strong underlying value. Evidence · table > 15,829.5 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-59) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Producing reserves is reported at $14,189.8 M$ \(before tax, 5% discount\), indicating significant value from currently producing assets. - Positive factor: High NPV for Proved Developed Producing reserves at 5% discount rate, indicating strong underlying value. Evidence · table > 14,189.8 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-60) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Producing reserves is reported at $12,682.3 M$ \(before tax, 10% discount\), indicating significant value from currently producing assets. - Positive factor: High NPV for Proved Developed Producing reserves at 10% discount rate, indicating strong underlying value. Evidence · table > 12,682.3 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-61) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Producing reserves is reported at $11,445.4 M$ \(before tax, 15% discount\), indicating significant value from currently producing assets. - Positive factor: High NPV for Proved Developed Producing reserves at 15% discount rate, indicating strong underlying value. Evidence · table > 11,445.4 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-62) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Producing reserves is reported at $10,448.7 M$ \(before tax, 20% discount\), indicating significant value from currently producing assets. - Positive factor: High NPV for Proved Developed Producing reserves at 20% discount rate, indicating strong underlying value. Evidence · table > 10,448.7 Context: Proved Developed Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-63) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Non-Producing reserves is reported at $769.3 M$ \(before tax, 0% discount\), indicating value from future production from developed wells. - Positive factor: Positive NPV for Proved Developed Non-Producing reserves at 0% discount rate, indicating value from future production. Evidence · table > 769.3 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-64) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Non-Producing reserves is reported at $738.3 M$ \(before tax, 5% discount\), indicating value from future production from developed wells. - Positive factor: Positive NPV for Proved Developed Non-Producing reserves at 5% discount rate, indicating value from future production. Evidence · table > 738.3 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-65) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Non-Producing reserves is reported at $679.0 M$ \(before tax, 10% discount\), indicating value from future production from developed wells. - Positive factor: Positive NPV for Proved Developed Non-Producing reserves at 10% discount rate, indicating value from future production. Evidence · table > 679.0 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-66) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Non-Producing reserves is reported at $615.1 M$ \(before tax, 15% discount\), indicating value from future production from developed wells. - Positive factor: Positive NPV for Proved Developed Non-Producing reserves at 15% discount rate, indicating value from future production. Evidence · table > 615.1 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-67) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Developed Non-Producing reserves is reported at $555.1 M$ \(before tax, 20% discount\), indicating value from future production from developed wells. - Positive factor: Positive NPV for Proved Developed Non-Producing reserves at 20% discount rate, indicating value from future production. Evidence · table > 555.1 Context: Proved Developed Non-Producing #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-68) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Undeveloped reserves is reported at $7,201.0 M$ \(before tax, 0% discount\), indicating significant value from future development. - Positive factor: Positive NPV for Proved Undeveloped reserves at 0% discount rate, indicating significant future development potential. Evidence · table > 7,201.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-69) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Undeveloped reserves is reported at $5,342.5 M$ \(before tax, 5% discount\), indicating significant value from future development. - Positive factor: Positive NPV for Proved Undeveloped reserves at 5% discount rate, indicating significant future development potential. Evidence · table > 5,342.5 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-70) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Undeveloped reserves is reported at $4,091.3 M$ \(before tax, 10% discount\), indicating significant value from future development. - Positive factor: Positive NPV for Proved Undeveloped reserves at 10% discount rate, indicating significant future development potential. Evidence · table > 4,091.3 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-71) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Undeveloped reserves is reported at $3,210.7 M$ \(before tax, 15% discount\), indicating significant value from future development. - Positive factor: Positive NPV for Proved Undeveloped reserves at 15% discount rate, indicating significant future development potential. Evidence · table > 3,210.7 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-72) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Proved Undeveloped reserves is reported at $2,567.0 M$ \(before tax, 20% discount\), indicating significant value from future development. - Positive factor: Positive NPV for Proved Undeveloped reserves at 20% discount rate, indicating significant future development potential. Evidence · table > 2,567.0 Context: Proved Undeveloped #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-73) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved reserves is reported at $23,799.9 M$ \(before tax, 0% discount\), indicating significant overall value. - Positive factor: High NPV for Total Proved reserves at 0% discount rate, indicating strong overall value. Evidence · table > 23,799.9 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-74) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved reserves is reported at $20,270.7 M$ \(before tax, 5% discount\), indicating significant overall value. - Positive factor: High NPV for Total Proved reserves at 5% discount rate, indicating strong overall value. Evidence · table > 20,270.7 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-75) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved reserves is reported at $17,452.5 M$ \(before tax, 10% discount\), indicating significant overall value. - Positive factor: High NPV for Total Proved reserves at 10% discount rate, indicating strong overall value. Evidence · table > 17,452.5 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-76) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved reserves is reported at $15,271.2 M$ \(before tax, 15% discount\), indicating significant overall value. - Positive factor: High NPV for Total Proved reserves at 15% discount rate, indicating strong overall value. Evidence · table > 15,271.2 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-77) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:45542d76bb27c57a1231 - Resource basis: attributable #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved reserves is reported at $13,570.9 M$ \(before tax, 20% discount\), indicating significant overall value. - Positive factor: High NPV for Total Proved reserves at 20% discount rate, indicating strong overall value. Evidence · table > 13,570.9 Context: Total Proved #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-78) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Probable reserves is reported at $91,923.4 M$ \(before tax, 0% discount\), indicating very significant future potential. - Positive factor: Very high NPV for Probable reserves at 0% discount rate, indicating substantial future potential. Evidence · table > 91,923.4 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-79) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Probable reserves is reported at $66,995.2 M$ \(before tax, 5% discount\), indicating very significant future potential. - Positive factor: Very high NPV for Probable reserves at 5% discount rate, indicating substantial future potential. Evidence · table > 66,995.2 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-80) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Probable reserves is reported at $51,509.6 M$ \(before tax, 10% discount\), indicating very significant future potential. - Positive factor: Very high NPV for Probable reserves at 10% discount rate, indicating substantial future potential. Evidence · table > 51,509.6 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-81) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Probable reserves is reported at $40,964.8 M$ \(before tax, 15% discount\), indicating very significant future potential. - Positive factor: Very high NPV for Probable reserves at 15% discount rate, indicating substantial future potential. Evidence · table > 40,964.8 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-82) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Probable reserves is reported at $33,365.2 M$ \(before tax, 20% discount\), indicating very significant future potential. - Positive factor: Very high NPV for Probable reserves at 20% discount rate, indicating substantial future potential. Evidence · table > 33,365.2 Context: Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-83) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved Plus Probable reserves is reported at $115,723.2 M$ \(before tax, 0% discount\), indicating extremely significant overall value. - Positive factor: Extremely high NPV for Total Proved Plus Probable reserves at 0% discount rate, indicating very strong overall value. Evidence · table > 115,723.2 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-84) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved Plus Probable reserves is reported at $87,265.9 M$ \(before tax, 5% discount\), indicating extremely significant overall value. - Positive factor: Extremely high NPV for Total Proved Plus Probable reserves at 5% discount rate, indicating very strong overall value. Evidence · table > 87,265.9 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-85) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved Plus Probable reserves is reported at $68,962.1 M$ \(before tax, 10% discount\), indicating extremely significant overall value. - Positive factor: Extremely high NPV for Total Proved Plus Probable reserves at 10% discount rate, indicating very strong overall value. Evidence · table > 68,962.1 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-86) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved Plus Probable reserves is reported at $56,235.9 M$ \(before tax, 15% discount\), indicating extremely significant overall value. - Positive factor: Extremely high NPV for Total Proved Plus Probable reserves at 15% discount rate, indicating very strong overall value. Evidence · table > 56,235.9 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-87) #### Identity - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:ff0d8d4cd59941e7121c - Resource basis: attributable #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Net Present Value for Total Proved Plus Probable reserves is reported at $46,936.0 M$ \(before tax, 20% discount\), indicating extremely significant overall value. - Positive factor: Extremely high NPV for Total Proved Plus Probable reserves at 20% discount rate, indicating very strong overall value. Evidence · table > 46,936.0 Context: Total Proved Plus Probable #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-88) Banff discovery well #### Identity - Project: Banff discovery well - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:a2f005e4820732d3d5cc - Resource basis: gross #### Resource Data - Category: proven #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Banff discovery well has a Total Proved NPV of $3.5 million \(10% discount, before tax\), contributing positively to the company's overall value. - Positive factor: Positive NPV for the Banff discovery well's Total Proved reserves, indicating value from this new discovery. Evidence · text > The Banff discovery well has yielded TP and TPP values to the Company using a 10% discount rate of $3.5 million and $5.3 million, respectively. #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/tuktu-resources-ltd-announces-2024-year-end-reserves-and-operations-update--8847f18b-b611-4435-b02a-d9c5bee5b5ca#fact-resource-facts-89) Banff discovery well #### Identity - Project: Banff discovery well - Region: canada\_ab - Reported Region: Alberta, Canada - Ticker: TUK #### Resource scope - Estimate type: reserve - Effective date: 2024-12-31T00:00:00.000Z - Reporting standards: other - QP Signed: Yes - Qualified person names: Deloitte Canada LLP - Resource group id: resource:1ddff3c3fe141fd7b0b7 - Resource basis: gross #### Resource Data - Category: probable #### Prior Estimate - Resource Date: 2024-12-31 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-03-24T00:00:00.000Z Reasoning: The Banff discovery well has a Total Proved Plus Probable NPV of $5.3 million \(10% discount, before tax\), significantly contributing to the company's overall value and future potential. - Positive factor: Positive NPV for the Banff discovery well's Total Proved Plus Probable reserves, indicating significant value from this new discovery. Evidence · text > The Banff discovery well has yielded TP and TPP values to the Company using a 10% discount rate of $3.5 million and $5.3 million, respectively. #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.