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YankeMike

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YankeMike

Re: manuel06 post# 10383

Monday, 03/22/2010 1:08:45 PM

Monday, March 22, 2010 1:08:45 PM

Post# of 10911
It looks like they used 1.1B barrels multiplied by 0.45 (for their 45% stake), which gives 495MM barrels. Then $2.3B/ 495MMM equals $4.65 per barrel.
Mike
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