re: yellowbank only worth 3c!! Guys, I just received an evaluation of epe from a brokerage firm as being the following
Cash=$2,500,000
Exploration Acreage=$2,500,000
Smegsy (25% of 20bcf)=$5,000,000
Yellowbank Creek - Assumptions
Ownership - 50%
Field Size - 5.2mmbo
NPV per barrel - $25.00
NPV to EPE=$65,000,000 = $1.01
Total=$75,000,000 = $1.17
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info needed, page-30
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