RE: RE: RE: Conference CallThanks Lockstock - $10.00 / barrel - This would appear to very good news in establishing the value of the company on a buy-out basis. Is there any reason to suggest that TPL's reserves would not be worth the same?
OIlandgas is convinced that barrels in the ground is only worth $3.00 to 3.50 in the ground and clealry he has not made up these numbers. Darcy thought closer to $6-7$ per barrel. It would appear an actual sale is the most persuasive.