Revised current value estimate: Lets assume 5 wells producing plus 5 more coming in 2015. Lets assume average BOE per well per day is 500. Lets assume SOG stake in each well assuming Cactus has part of SOGs stake in at least some wells is 5% Lets assume oil at $85 a barrel Lets assume a initial valuation of 10 x expected production for 2015. MC = 10 x 500 x 300 days x .05 x 85 x 10 = 63,750,000 Lets assume 250,000,000 shares outstanding when we trade again PPS = .255 How's that. Much better, lol...