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Replies to post #10383 on JDZ Nigeria-Sao Tome e Principe

Replies to #10383 on JDZ Nigeria-Sao Tome e Principe
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YankeMike

03/22/10 1:08 PM

#10385 RE: manuel06 #10383

It looks like they used 1.1B barrels multiplied by 0.45 (for their 45% stake), which gives 495MM barrels. Then $2.3B/ 495MMM equals $4.65 per barrel.
Mike