Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Iron Brdg Res Inc. OEXFF

Energy Oil & Gas E&P
"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."


OTCPK:OEXFF - Post by User

Iron Brdg Res Inc. > Type Curve From New Hz's
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by Ditto99on Apr 09, 2018 11:17am
124 Views
Post# 27852799

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Type Curve From New Hz's

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Type Curve From New Hz'sTotally agree on all fronts. Best to use the Conoco metrics as a proxy, not an absolute. $800/acre is a nice place to start, obviously the market is attributing a high level of risk to their new wells due out soon. With good wells, (350-500bbl/d) one should be comfortable with a land valuation in the $1500 - $4000 per acre range based on recent land deals and like company (BBI, LXE) valuations. You have to pay $1000-$1500 for moose pasture Duvernay with little to no delineation right now, for perspective. It all comes down to well results. Truly a binary event for the company.  



<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities