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 Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: DaveAu who wrote (168895)5/23/2012 11:55:26 AM
From: architect*1 Recommendation   of 178707
 
Pan Orient POE.v
L44/43 - 15.7 mmbo 2P + 1282 bopd
L33/43 - 2.0 mmbo 2P + 137 bopd
acquisition metrics are
$170 million / 17.7 mmbo = $9.60 2P NPV
$170 million / 1419 bopd = $120 / flowing barrel (bopd)

Not a bad price for much hated assets (unpredicable volcancalstic reservoirs).
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