valuation thread for 2013 , page-3

Hi Pipiman

My 9000 bopd is derived from an estimate existing
Fields producing 6000 average and Beibe averaging 3000 ,although it is estimated to contribute 3500 plus peak production is not expected to year . Malaysian production is not included as the RSC is a profit share deal where reserves sit with the Malaysian company.
roc receives various incentives including reserve , production and revenue form the fields. It is hard to estimate what exactly it is worth even
Though one broker estimated 15-20 cents per share I simply add 10c to the valuations I calculate.
In regard to Block H, I don't include any value although I should -
It's worth about 3 cents if ROC share is bought and from a risked perceptive probably worth 5-15c depending on prospect size and obviously a lot more if successful. If I was to value it separately I would place 5 c per share reflecting mid point of above
Pipiman - I think you will find that once Beibu production commences in a few weeks valuations for ROC will move towards 70-80 cents and this will
Create institutional buying