RE: Worth around $9.50 NPV based on that report They are using a price of oil under $100 to value, personally I used over $100 at $112. if IRA blows up we could aee $12.50 Westfire would be on fire !!!
company states:
Fully diluted net asset value (proved plus probable reserves) per share of $8.71, up 10 percent from $7.95 at December 31, 2010 (based on estimated unaudited net debt of $124.8 million).