OK fellow oilers. Here's the amended spreadsheet. Changes are highlighted in yellow plus it's now 5 years pumping. Also another spreadsheet is provided showing oil at USD40 per bbl which shows it's still viable at that price. Anyone who wants a copy to do the PV calcs, I'm happy to send a copy. Can you do PMs on this forum?
This is really a back-of-the-envelope high level exercise only and as always DYOR.
Buffalo Financials, page-34
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