Oil was in the low 80'sJust a reminder, when Eric Nuttall made his comments for PTA valuation, he made an assumption that the company was only able to prove up 20 million barrels on their properties and oil was only approx $75 per barrel oil (75 * 20 million = 1.5 billion, subtracting costs, royalties etc, he came up with $400 million for 20 million barrels at $75 oil price). Of course, in the long run I think they will find more than 20 million barrels and oil can easily be above $80.
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