AKK 0.00% 0.3¢ austin exploration limited

So many acronymsPDP = Proved Developed ProducingPDNP = Proved...

  1. 105 Posts.
    So many acronyms

    PDP = Proved Developed Producing
    PDNP = Proved Developed Not Producing
    PUD = Proved Undeveloped
    IP = Initial Production
    others
    PROB = Probable
    POSS = Possible
    EUR = Estimated Ultimate Recovery
    CUM = Cumulative Production
    CFX = Cash flow Multiple
    DCF = Discounted Cash Flow
    FV = Future Value



    Oil & Gas Property Evaluation: A Geologist’s View
    From the following link

    http://www.searchanddiscovery.com/documents/2010/40640vonrhee/ndx_vonrhee.pdf

    The PDF offers excellant info for determining a resources approx value.

 
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