GREY:ROAOF - Post by User
Comment by
Bigbadoilon Nov 11, 2006 11:20am
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Post# 11662783
RE: Blackhorse tieback from JWMCLEAN
RE: Blackhorse tieback from JWMCLEAN MR 40 has previously given zero reserves for Blackhorse.
Now that Nexen have announced that they are going to develop it in 2007, he may have to adjust his own reserves for Oilexco. They will become Proven Undeveloped (PUD'S) for 2006.
I think he will now have to give a value of $2.50 (from 2$) per share, dont you all think??? LOL
Just trying to keep everyone honest on this board!
Bigbadun'