announcement its all good and ready to soar, page-9

350m plus 400m =750m divided by155m shares=approx $5
puffin 7 when remedied wll produce 2to 3 times current production-say 25,000 bopd will generate approx $2.50 per share of earnings -40% aed share=$1.00 .This gives a PER/price earnings ratio of 4.5.PER for sector/industry is about 12 but to be conservative say 9 allowing for risks in aed for being a
one asset company.At PER of 9 aed should trade at $9.60.And then there is puffin 10 which has more oil now then previously thought as per their 10/01/08 announcement.