Thanks for the answer explorer it looks like a good stock to have a good look at. I have been unable to find any thing about the stock either from the Nasdaq site or any where else! The DD Machine site seems to be down also! Got any ideas?
Regards Downunder
From the last PR. Do the math man:
175M barrels of oil * $60 per barrel = $10.5B 63,576,000 MCF of gas * $14 per MCF = $0.89B
Total field value = $11.39B
$11.39B * 20% interest = $2.278B
Okay so I was a little off in my calcs; I was treating every cubic meter as an MCF. Thanks for the question, now I can accurately spread the news.
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