CVI cvi energy corporation limited
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question for dbk, page-5

  1. trade4profit
    15,276 Posts.
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    26/10/07
    12:12
    Post #: 2936925
    Apples with apples...

    North Matanda is actually 120mmbls 2P...which is the accepted industry measure for general valuation purposes. This gives CVI a net 2P at North Matanda of some 48mmbls

    By contrast, Galoc's 2P reserves are just 23.5mmbls, giving NDO just over 5mmbls net reserves.

    Cheers!
    CVI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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