pta valuation CONSTRUCTIVE-HOW CAN U VALUE PTA WHEN U DON'T KNOW WHAT ASSETS THEY HAVE. WHEN WILL THE CO. DELINEATE EACH AREA TO FIND WHAT THEY BELIEVE TO BE PRODUCTIVE NEW LOCATIONS. HOW WILL RESEVOIR ENGINEERS CALCULATE RESERVES (PROVEN PRODUCING, PROVEN NON-PRODUCING AND PROBABLE). do you know the life of each area? Is it 5-10-15 years?Do you know the price of oil for the next 10-15 years. Do you know if the co. can sell the oil? what is the status of infrastructe projects like pipelines, tank batteries etc
This board contains immature price guesses .50, 80 1$ etc THE company's success and will be determinedby drilling successes & THE MARKET itself