In early 2015, POE listed it's Thai L53/48 2P reserves of 1.2 million barrels valued after tax 10 % discounted value of $33 million .
Brent Reference price was $68 US.
Shortly thereafter in 2015, it sold 50% of L53/48 ( ie 0.6 million barrels ) for $48 million cad.
https://www.oilandgastechnology.net/upstream-news/pan-orient-sells-50-cent-thai-onshore-concession POE 2022 2P reserves are listed at 2.3 million barrels valued at after tax discounted 10% of $66 million.
Reference Brent price was $75 per barrel.
So, the after tax NPV 10 per million barrels is the same now as in 2015.
However, POE is now selling the remaining 50% of L53/48 , amounting to 2.3 million barrels of 2P Reserves.
Based on 2015 price metrics, POE would receive about 4 times $48 = $192 million cad.
But, that is much too high, as the growth potential was much higher in 2015 than currently .
However, I do believe that POE will receive close to the after tax NPV10 of $66 million cad, when that sale is announced in the next several weeks