EPE enterprise energy limited

info needed, page-30

  1. kolokotronis
    47 Posts.
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    03/11/04
    19:55
    Post #: 641103
    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
    EPE Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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