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YankeMike

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YankeMike

Re: AugustaFriends post# 280050

Tuesday, 10/22/2013 8:12:48 PM

Tuesday, October 22, 2013 8:12:48 PM

Post# of 644924
HDY will fill that gap as they are drilling a billion barrel prospect (Tullow is drilling it and they have a very high success rate) in a few months. If they come out with 100M barrels of proven reserves, that would value the stock around $50 per share based on proven undeveloped deepwater reserves being valued at $10 per barrel and HDY having 20M shares outstanding.
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