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Tuscany Energy Ltd.

03:08 PM EST - Tuscany Energy Ltd. : announced the results of its independent reserves evaluation and estimate effective December 31, 2014. Last year saw a 58% increase in net present value to $61.9 million (before tax NPV10, up from $39.2 million in 2013); a 20% increase in Proved reserves (1.60 MMBOE, up from 1.32 MMBOE in 2013), and a 27% increase in Proved + Probable reserves (2.86 MMBOE, up from 2.25 MMBOE in 2013). Tuscany Energy Ltd. shares V.TUS are trading up $0.025 at $0.23.