RFE series 2018-1 reds trust

volume 2- west tulsa announcement., page-25

  1. 1,723 Posts.
    WB

    interesting work,

    thank you.


    You say:

    "..RFE- total equity $ 46,254,896
    NPV10 on 2P reserves $ 158,700,000
    total $204,954,896 .."

    I wondered what price you work on for 2P? Also what quantity?

    The price could be the reason why the SP is where it is. Many "insiders" use a price of about $5 -$10/bbl for in ground 2P oil.

    As an alternative, what value would you get based on realistic future production, based on say a value of production of $100k/bblo per day? (eg if a well produces 50 bblopd then the well is worth 50 x $100k = $5m)



 
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