CVN: mktcap 275m, 2P reserves: 24.5mmbbl = $11.22 bbl value
Many different factors effect each company (eg cvn is low cost of production but highly taxed and has 30M in cash) but I'd like to know more onshore companies with good commercial $2 barrel reserves. Not as a challenge but as an investment opportunity. Seriously.
value after the drill, page-24
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