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Re: Tr8dervic post# 51101

Thursday, 08/10/2006 1:42:03 PM

Thursday, August 10, 2006 1:42:03 PM

Post# of 173916
tr8dervic: re CPE, nice post ! Primarily I'm in CPE as a play on the deep discount to the reserves, so good to hear you estimate NAV at $30. As long as they don't reduce their estimated reserves, the stock seems a steal at the current price of $15.50. As you indicate, production should rebound sharply in Q4 after a lull in Q3.
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