Aspen Group Resources (ASRPF)

[Amaunet]

Wait, STL...

“As shown in the attached Consolidated Financial Statement, using a WTI reference price for oil of US$22/bbl (an OPEC price of US$20/bbl) and a NYMEX gas price of US$3.25/Mcf, cash flow would be $14.4 million which, pro forma the merger, would be C$0.45/share.” D&D the November, 2001

Just saw, in the November, 2001 D&D 2002E Aspen and Endeavour Combined, Pro Forma, Consolidate Financial Statements, the cash flow is $0.45. So he is using US$3.25/Mcf for 2002E also.