GGE 12.5% 0.4¢ grand gulf energy limited

re: Ann: COMPANY FINANCING UPDATE AND ACQUISI... 5hareholder I...

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  1. 147 Posts.
    re: Ann: COMPANY FINANCING UPDATE AND ACQUISI... 5hareholder I will have a look over the calculations. Thanks for letting me know.

    Just quickly though comparing Thibodeaux to D&L2 (figures i have on file maybe wrong):

    Oil -
    D&L2 - 200BOD @ 39.5% =~ 80BOD
    Thibodeax - 1400BOD @ 4.75% =~ 70BOD

    Gas -

    I work on cash flow figures and cant find how much gas is equivalent to a barrel of oil.

    D&L2 - 1000MCF @ 39.5% =~ 400MCF
    Thibodeax - 30MCF @ 4.75% = 1.5MCF

    The only Thibodeaux has by my calcs is longer life:

    D&L2 -
    16 Years oil
    8 Years gas

    Thibodeaux -

    20 Years Oil
    27 Years gas


    Cashflows in earlier years are always worth more then you think. D&L2 produces more cashflows faster then Thibodeaux and such by my calcs is slightly less valued by about $3mil.

    Again any thoughts would be appreciated.




 
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