NYSE:NXY.P.B - Post by User
Post by
syncrudeon Mar 23, 2006 8:12am
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Post# 10554457
Quote was RECOVERABLE OIL
Quote was RECOVERABLE OILLOOKS LIKE 200-500 MILLION GUESSTIMATE is recoverable oil where the 2nd well was drilled 1.4km AWAY (interesting number) so 50-125 net to Nexen at maybe $15/bbl? is worth $1-2 billion... divide by 260M shares outstanding? $4-8 per share... Gives decent Support to Stockprice?