I see BPT's MC cracked $4 B today and now has 313 Mmboe in 2P reserves which is a mixture of 1 and 2P gas and oil, or $12.70 a BOE on a straight division of MC by 2P reserves...BOE is always a confusing number and BO only, which FAR currently have, would have a higher value, we may have gas added when the JV figure comes out...it's a producer and a dividend payer and has a current PE of 8.9, which is quite low and of course BPT was set on it's path to success by our own Director Reg Nelson.
Anyway make what you want out of that bit of information, as much as it could be a very rough window into FAR's future as a producer...
Cheers Whisky
Last Chance Under 12c?, page-76
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