elk just keeps looking better

It looks like that the price of reserves just keeps going up.

A couple of posts on the COE thread indicate that COE got $25 per barrel of 2P reserves in its recent transaction...don't know if that is correct......

And another post indicates that some others for another company went for $23 a barrel.

Elk's 20 million in Grieve at $25 per barrel would work out to $500 million and "only" $460 million........