RE:RE:Cardium competitor analysis Not sure but it really doesn't matter. The days of widely differing reserve evaluations ended some years ago when standardized processes were require by exchange commissions to ensure consistency. I did look through the price decks and they all seem to be in line.
Do you disagree with the analysis?
by way of comparison, CPG is at 127% of PDP and BTE covers about half of their net debt with their PDP valuation so in essence if they just ran down the company at the reserve report prices they couldn't even pay off their debt.