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andrewjoseph

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andrewjoseph

Re: Walker post# 19240

Friday, 01/07/2011 10:56:13 PM

Friday, January 07, 2011 10:56:13 PM

Post# of 30337
Walker - I like your posts on Ihub, but think you are valuing this wrong. The multiple dosent apply the same way.

My figures, to start with are high. Also the numbers dont get multiplied by 15, as the production signifigantly decreases after the first year, then the second, and so forth.

I know you are a very smart guy, so check this out and I think you will agree with me.

I own one percent of many wells, and I this figures are light years away from what I pay/recieve.
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