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Friday, June 26, 2009 12:46:45 PM
Firms like NSAI prepare their estimate calculations so they are sound whether on the buying or selling, e.g. farming in or farming out side of the table.
There seems to be a continued general belief on the board that reserves will turn out higher but I can not remember seeing anything to properly substantiate that view.
Do we have anything better, other than anecdotes from rig hands or someone who maintains he/she saw some of the logs?
I do appreciate your thoughtful posts.........
Best,
Stay the Course
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