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Arcan Resources Ltd ARNBF



OTCPK:ARNBF - Post by User

Comment by skeksison Aug 23, 2012 3:34am
463 Views
Post# 20250593

RE: RE: RE: RE: That's enough for me!

RE: RE: RE: RE: That's enough for me!

Edit: I transposed a number in my spreadsheet and should have said you would get a 1.6 million NPV10 for a well with the same hyperbolic phase but a 30% decline on the exponential phase of the curve, but you get the point that the reserves report would be way lower if 30% was the number.  For the 1 million that was the NPV30 for a 12% declining well.

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