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Monday, June 30, 2008 1:00:34 PM
As we wait on the AIM/sub/duplication, ......with the likely SEC change, we should be able to see two booster rockets to the pps. The first will be the valuation of our value for our possibles and probables. I wonder if they have to be broken down to risked, unrisked, P50, P20 etc. It will be interesting how the SEC will specify this.
I have seen valuations for possibles and probables in the past. Can't seem to find them now, so I wonder if anyone can enlighten us on todays valuation of same, given the heightened cost of crude.
Then, we will get a whole new higher valuation after our reserves are proved.
It's all good.
red
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