RE:RE:nr and beyond
Thats in the general vicinity of what i posted yesterday, WH... in terms of flowing barrels a day metric.. the last two larger sized transactions in columbia, and that was a little over a year back,
went for around 40 - 45 k a barrel, not sure on the mix or rli, but i believe there was a reasonable amount of heavier oil in the deals... we have a very large component of lighter, more premium oil..
so one can perhaps make a better argument for what our oil is worth on flowing barrel basis...i dont know what the relevant RLI or 2P's were valued at... this is just back of the paper type of calculations... does give me an idea of potential though...