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Re: JohnnySticks post# 5094

Tuesday, 07/07/2009 12:07:10 AM

Tuesday, July 07, 2009 12:07:10 AM

Post# of 10911
Not sure what you mean. Best estimate is 336,017,000 barrels, approximately half a barrel per share. Since Sinopec is paying $13.40 per barrel for Addax's proven and probable (2P) reserves certainly $7.00 for our reserves is not unreasonable.

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