Valuing FAR--a technical discussion., page-7

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    Ok, you used 67mmbls (sorry, I said 70mmbls).

    My point was that you have used 13.7% of the total of SNE whereas DB has been using 13.7% of only the Phase 1 component.

    So, I will ask again - when trying to value FARs current 2P reserves, what figure should we use, 30 odd or 70 odd million barrels because that’s going to make a bit of difference to the dollar value.
 
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