still valued sub 2dollars a barrel

The current Mkt cap after taking out SDS reflects approx $1.50 per barrel of oil. The oil is as good as proven, due to 50 years of production history. I advise everyone to look up the value that is placed on reserves for other companies. A few examples
PSA = $30+ BO
SAE = $20+ BO
NWE = $60+ BO
The list goes on but quite simply nothing is valued lower than $10BO most of the small market capped companies are valued at $50+Bo