You might need more than that Boz. (Warning, blatant ramp to follow!)
Just crunched some potential estimates based on converting P10, P50, Pmean and P90 to 2C for ‘EL’s Dorado’ and PlayStation 3.
CVN’s net contingent rescourses (2C) become a follows:
69mmboe (converting P90);
148mmboe (P50);
194mmboe (Pmean);
380mmboe (P10).
Using EL’s suggest $10 a barrel and 1100mil shares on issue, we are talking potential values of: $0-60; $1.34; $1.76 or $3.45.
‘Gotta’ be happy with that!
Looking forward to logging results and volumetrics.
Obviously lots of chicken counting here. DYOR Etc etc. I’m no expert, just a long time holder with big dreams and high hopes.
You might need more than that Boz. (Warning, blatant ramp to...
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