acn_rvp, Barrel of Oil equivalent is not the correct measure in establishing a value. The discovery size has been quantified (12 tcf) however it still needs to be extracted refined and sold, so to use the BOE we are attributing a future value which does not include costings. Using a shaded Barrel of Oil Equivalent is would be the most appropriate method of valuation. Can one of our resident experts quantify what shaded value we should put on the BOE?
Thanks in Advance
MEO Price at posting:
49.5¢ Sentiment: LT Buy Disclosure: Held