re: up .001 cent im impressed roflmao Interesting, go...

re: up .001 cent im impressed roflmao Interesting, go Firebird.


Reference last general meeting presentation.
Ultimate Recoverable Reserves MMBBL
Oil Price
US$/bbl
1,000 2,000 3,000 4,000 5,000
40 $2,524 ($0.74) $5,048 ($1.48) $7,572 ($2.23) $10,097 ($2.97) $12,621 ($3.71)
50 $3,234 ($0.95) $6,469 ($1.90) $9,703 ($2.85) $12,937 ($3.80) $16,171 ($4.76)
60 $3,944 ($1.15) $7,889 ($2.32) $11,833 ($3.40) $15,778 ($4.64) $19,722 ($5.80)
70 $4,655 ($1.37) $9,309 ($2.24) $13,964 ($4.11) $18,61 ($5.47) $23,273 ($6.85)
80 $5,365 ($1.58) $10,729 ($3.15) $16,094 (4.73) $21,459 ($6.31) $26,823 ($7.89)


•This table shows the value in millions of US$ for RRS share post the Canmex farmout at a range of oil prices, potential ultimate recoverable reserves for Puntland, pre consolidation per share value in () assuming all resolutions passed and affected.

•Based on RRS issued capital post consolidation at US$60 per barrel and a 10% nominal discount rate, each Range Resources share has an NPV of $13.22 per billion barrels of
ultimate recoverable reserves.