Halcon resources 43,554 boepd in production. Debt 3,530,000,000$. Marketcap 1,240,000,000$.
4,770,000,000$/ 43,554 boepd = 109,519 $/boepd
Samson future production estimate around 1200 boepd
109,519$ x 1200 boepd = 131,422,800 mc
minus 25 million in future debt ( conservative calc)
106,422,800$ / 142,000,000 (number of shares) = $ 0.749 market cap.
my guess is HK might go bankrupt ( too much debt )... SSN WILL SURVIVE IMHO?
thoughts?
c
