HZN 2.50% 19.5¢ horizon oil limited

Enterprise Value/brl 2P reserves, page-12

  1. SS
    81 Posts.
    A bit dated at the Feb 13c share price but a good indicator as to the difference in 2P and 2C value.  Expensive oiler on 2P - cheap with the undeveloped PNG assets.  Remember that share price reduction and additional China reserves will help but 2P still pricy.
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