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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