I’m gonna tell y’all right now they don’t value oil companies on potential reservoir amounts.... the company I work for found 20 billion bbls of oil supposedly reported didn’t change our value. They want to see results. That’s a lot of gas but we have plenty of natural gas IE what’s an MCF right now 2.75?
Contact the company that wrote it and ask them if the numbers are accurate they will verify it if you want them to.
I’m not going to as the company will have also sent a copy of the press release to the company who prepared the reserves report and if any part of the reference to their report had been inaccurate they would have released a press release pronto! That’s for sure!
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