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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Comment by davproon May 10, 2013 9:43am
200 Views
Post# 21362326

RE: SGY asset sale

RE: SGY asset sale

I think you'll find a much better bench marking model if you simply use the price paid per P+P which in this case was $19 for 2.2 million which is what the industry tends to focus on the fact that the flowing boe was lower simply means the field isn't yet fully developed. 
Prices have ranged from a low of 15 to high of 25 per P+P reserves lately.

 

Bullboard Posts