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Reserve Evaluations

Alliance with Acipenser Resources Ltd.

Benoit has a strategic business alliance with Gary Metcalfe, P.Eng., President of Acipenser Resources Ltd. (former V.P. Evaluations, Fekete). Mr. Metcalfe has over 40 years of experience specializing in domestic and international reserve and resource evaluations as well as reservoir engineering studies.

This alliance allows for the pooling of resources and expertise and enables both companies to deliver their respective services in a timely and cost effective manner.

Acipenser prepares professional NI 51-101 reserves reports for Canadian regulators including:

  • Annual corporate reserves evaluations

  • Individual property reports for acquisition/divestment

  • Audit of company reserves to satisfy banking requirements

  • Provide economic evaluations to assist fair market value and estate valuations

  • Submissions to regulatory authorities regarding issues that require economic evaluations

  • Assessments of prospective undeveloped lands

Oil and Gas Economics

Benoit’s strategic alliance allows us to conduct regulator approved reserve, economic, and engineering evaluations. 

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Gary is President of Acipenser Resources Ltd. (former V.P. Evaluations, Fekete), and brings reserve, economic and engineering evaluation services to Benoit Regulatory Compliance. He has over 40 years’ experience in domestic and international hydrocarbon reserves and resources, production performance analyses, reservoir engineering studies, and preparing regulatory compliant AER, Alberta Energy, ASC NI 51-101 and SEC reports. Gary has also appeared as an expert witness in legal proceedings concerning oil and gas reservoirs and reserves.


He is a member of APEGA, member and past Chair Petroleum Economics Special Interest Group with the Society of Petroleum Engineers (SPE), member and Calgary Chapter officer of the Society of Petroleum Evaluation Engineers (SPEE) and an ASC Qualified Reserve Evaluator/Auditor.

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