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bhumiartha

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bhumiartha

Re: ChallengerSRT8 post# 1885

Tuesday, 03/03/2015 1:09:00 PM

Tuesday, March 03, 2015 1:09:00 PM

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Andora share of Sawn Lake has Net present Value of $7.1 billion in high case and $5.2 billion in best case. Because of current oil price scenario, they are not assuming full commercial production (389 well pairs, estimated cost $2,2 billion) until 2019, Details on Pan Orient website, valuation is their statutory-required reserves report by an independent third party, Sproule.
http://www.panorient.ca/index.php?option=com_wrapper&view=wrapper&Itemid=116
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