bunky, I looked but it's a summary without any details on what assumptions they used to get their cfps numbers and valuations. The upside is obvious. It's just a matter of verifying that their assumptions fit with your view going forward on oil prices. You have to assume they know more than we do about the company's prospects going forward but I would check to make sure that the company has the financing to move those wells into production. Oilexco had plenty of discovery wells but couldn't finance the completion of the fields and the daily debt load they had already accumulated.
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