TSXV:PEC.H - Post by User
Comment by
WhiteFoxon Sep 05, 2012 9:38pm
230 Views
Post# 20322473
RE: RE: Aug 15 presentation
RE: RE: Aug 15 presentation I particularly like the statement at 14 minutes 45 seconds: "when we run the internal economics on this ... the PV10 for a single well successful at P50 at over $90 million for a single well ... with success on a P50 case, we'd expect 15 wells to deplete this reservoir." It doesn't take a rocket scientist to estimate PEC's portion of the potential total value of this. See page 8 of https://www.portoenergy.com/files/Porto%2020120803.pdf to visualize. WF