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Bullboard - Stock Discussion Forum 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 Discussion

ARPETROL LTD > Reserves and PV10 at $4 gas
View:
Post by TheRock07 on Mar 07, 2014 3:06pm

Reserves and PV10 at $4 gas

 
Gross(1)
Net(1)
(MMcf)(2)
(MMcf)
 
 
1,098
928
 
-
-
 
 
25,688
21,812
 
 
26,786
22,740
 
 
15,424
13,094
 
 
42,210
35,834
 
 
14,366
12,198
 
 
Net Present Values of Future Net Revenue Based on Forecast Prices and Costs
56,576
48,032
 
Before Deducting Income Tax Discounted at 10% (US$MM)
 
 
11
- - 35 26 36 27 87 57
123 84 49 32 172 116
 
 
 
 
 
 
Comment by TheRock07 on Mar 07, 2014 3:13pm
Geez 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 ...more  
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