Ann: Goldman Sachs retained to seek buyers for Co, page-84

re: Ann: Goldman Sachs retained to seek buyer... Fair value is what you can get. Pattersons conservatively quoted $2/mcf for 2P reserves in the november report.
I mentioned this figure to the coy in Dec/Jan and it was suggested to me the going rate was closer to $1.50/mcf on sales in the US.
This figure may have reduced again and other variables both tangible and intangible may effect it. Anyway DYOR and verify sales amounts .

I used this amount conclude sale price -all things being equal - to be $1.20US.
I however think the new IRR will produce between 500-550 bcf of 2P . If it comes out much less than that we have wasted a lot of money for not a lot.
Which takes the sale price to close to $1.90. My own thought is $1.85US. provided their are only pleasent surprises in the coming announcements. All above is deductive speculation only.