Around 12 -15c but like I said pretty conservative as I have used current price of oil per barrel and a conservative PE (price to earnings ratio). If the companies conservative estimates are correct ie Jewell generating around $23 mill in revenue for its 2 year life span and the other 2 wells do a similar feat and the price of oil stays at these levels then my calc will be a pretty close guestimate albeit on the lower side. If the variables do change then a bullish MC would be at around $4-500 mill.
Banter and General Comments .. BRK, page-18
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