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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Comment by DrillinisThrillinon Nov 14, 2011 7:55pm
209 Views
Post# 19236972

RE: RE: RE: Real Worth

RE: RE: RE: Real WorthIf we get average production from the 3 wells about to (or currently) being fracked and the same for the two additional wells to be drilled in Manitoba before year-end.........based on the percentages own by ATk - the company should be close to 500 boe/d flowing from that project. Roncott has a vertical or 2 but it yields little production. There is a lot that goes into valuing an asset for sale. It's not as simple as trying to establish $$ per barrell. If proven up -Roncott could add more value than current production would indicate. i don't have a clue as to what the company would be worth but if we end the year with 500 boe/d -----I would think it's at least a double from here.
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