Very very interesting!!
So they are referencing only $2USD per barrel for recoverable in ground valuation? Seems super cheap/discounted? I thought we were referencing $5USD per barrel as the floor in ground value??
Eitherway, it will definitely provide some firm guides for pricing PCLs reserves...which is great and should allow less room for getting "shafted" with a cheap/lowball offer.
General Thoughts, page-4020
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