GREY:ENGFF - Post by User
Comment by
steadfaston Mar 24, 2011 8:21am
258 Views
Post# 18332806
RE: One way to calculate
RE: One way to calculateTutank:
Thank you for sharing your numbers leading to your present value of $4.80. I have always believed
in the "blue sky potential" of ENG and we should get confirmation of these numbers sometime in
2011. I am anxious for ENG to do a Resource Calculation on Lotshi, to see if if is above the 353M,
considering Jeff's comment that he looks for giant fields and then he qualified a giant field contains
500M boe or more. It will be so wonderful when the stock reaches these #'s, it has been a long 3+ years.
I am sure it will all be worthwhile once we hit the elusive oil.