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magicatlast

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magicatlast

Re: bayfisherii post# 135534

Monday, 07/21/2008 12:17:33 PM

Monday, July 21, 2008 12:17:33 PM

Post# of 361654
bay, you might want to check the price Sinopec paid for a portion of the AKPO field, the state of development at the time they bought it, and the price of oil at that time. Since it is very nearby, it should give you a good indicator of the price for proven undeveloped reserves as a percentage of the price of oil. I don't have the numbers readily at hand and don't trust my recollection.

Magic

Opportunities always look bigger going than coming!

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