TSXV:ART.H - Post by User
Comment by
Baxter4on Jun 06, 2010 8:26pm
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Post# 17163232
RE: RE: RE: RE: 9225 Reads
RE: RE: RE: RE: 9225 ReadsGoofy, as usual, you are wrong and since you have read all the same information as I have (since I and others have posted it), you are obviously trying to mislead again. I stated developed plus undeveloped reserves in the ground (P1 + P2) were worth $14.40/BOE per the 2009 M&A report. You are correct that developed and producing reserves (which is the P1 portion) are worth more per BOE than the P1 and P2 combined.
Your $4/bbl is just plain out to lunch. Just ask Yikes1.