re: "$30,624/day x 365 = $11,277,760 estimated production from 3 West Delta wells annually."
that is so cool.
so, $11m / roughly 70m units = .157 rev per unit
trying to be conservative here...
say $5m or so this year to pay off repairs
say, .07 per unit ...
a lot of trusts pay around 15% yield right now, say, we figure 10% yield ... working backwards here. that would put us at a unit price of around .70
The nice thing here is that those revs aren't "controversal", just nut and bolts = don't depend on uncertain legal outcomes.