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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by TheRock07on Mar 07, 2014 3:13pm
163 Views
Post# 22296154

RE:Reserves and PV10 at $4 gas

RE:Reserves and PV10 at $4 gasGeez that never pasted very well.
Anyway, the reserves were estimated at $4 gas .

The Argentinian govt has since raised the gas price to $7.50 so those reserves would be more valuable ($123 million in 2012).

The other point is that RPT are still within their strategic review process.

it is now advantageous to see their Argentinian assets ( all gas ) .

Management all have blue chip Senior oil backgrounds that cover nearly all of the world.

So they are well positioned to acquire or merge with producing properties elsewhere
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