AI
Wednesday, July 21, 2010 12:50:26 PM
You asked for it...
Here are ERHE price projections based on NSAI best and high estimates at 3 different proven undeveloped values; $5, $8, $13.40
First, at $5 per barrel of proven undeveloped:
Now a more realistic $8 per barrel of proven undeveloped:
And finally, at the $13.40 Sinopec paid for Addax's proven plus probable:
Here are ERHE price projections based on NSAI best and high estimates at 3 different proven undeveloped values; $5, $8, $13.40
First, at $5 per barrel of proven undeveloped:
Now a more realistic $8 per barrel of proven undeveloped:
And finally, at the $13.40 Sinopec paid for Addax's proven plus probable:
