Majora
That is a very good point, yes R&D losses can be carried foward in the US. This will reduce our tax dramitically.
Interesting, AUT say Exit production rates of approx 6,800 boepd pre royalties, approx 5,000 boepd net. If you add the %30 on for the wells beating the current decline type curve, the NET figure is 8840BOED. This NET production figure is very close to my NET production figure.
Its is obvious that they are using the decline tpye curve set by NSAI, but that is not reality anymore, but probly due to laws they have to use "official" figures in their calcs
rough valuation, page-18
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