Following on from "What have we found?"
Theoretically, I would like to propose the following is an estimate of the current in ground valuation of our reserves.
This is using $5 per B, as per the advice from Tim. (This is no way means that Tim is in agreement or endorses my calculations, this is merely a guide for Oil in ground value at this point).
Please note I have used the pre-drill estimate for the Aptian 'find', all other green sections are the P50 figure.
I updated the table yesterday to reflect the naming convention and figures based on FAR's latest presentation.
What are we worth?
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