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dat_51or

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dat_51or

Re: TFA post# 71730

Friday, 09/01/2006 2:21:15 PM

Friday, September 01, 2006 2:21:15 PM

Post# of 361994
Yes, mine are close to Maestro's work and close to Brez's spreadsheet too. But I like Brez's spreadsheet better as he has both methods for valuation side by side. They include ECL's approach that I used, ie $/unproven/proven and net amount of oil in barrels to ERHE after all expenses/taxes etc. Both methods give close end results.

If any of you missed it, Brez has a fine resource developed and I thank him for sharing it with this board.


From Brez, earlier today.

http://homepage.mac.com/brezihub/.Public/ERHE%20Value.xls

dat
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