RE: RE: RE: $ 40 BILLION VALUE FOR LFD....Per your own numbers: Value of LFD, undeveloped oil: $ 12 billion (based on 3.1 billion barrels of oil)
You're using 100% recovery and 100% ownership.
Last year the value of P1 + P2 reserves was $14.40/BOE. When LFD proves up the reseves on the block, this is closer to the value of the oil.
I've been accused of having other aliases (mainly by good40), but this is the first time I've being him or been accused of working with him. Unfortunatly, the lonly reason he may be posting on the LFD board is because he is stalking either myself or one of the other regular Vast posters. Who knows what is happening in that insane mind of his.