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gqmixmaster

08/09/08 2:14 PM

#38434 RE: bdahl385 #38433

so does 2 million bbls of oil reserves producible at 100bpd have the same value as 2 million bbld of oil reserves producible at an unknown rate? I think Hemi's reserves fall into the unknown rate at this point. How is the speed of production taken into account when valuating the reserves. How important is it?

that is my question.