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Novus Energy Inc NOVUF

Energy Oil & Gas E&P


GREY:NOVUF - Post by User

Novus Energy Inc > Novus vs Legacy
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Comment by ardvark11on May 17, 2013 2:29pm
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Post# 21410190

RE: RE: RE: RE: RE: Novus vs Legacy

RE: RE: RE: RE: RE: Novus vs Legacy

Not so sure that the calcs are right but maybe. Here's what I get but maybe I am missing something...

 

I get cutpick = 3640 oil and 1960 gas at 4to1 pricing for oil so cost equivelent to 3640+.25x1960 = 4140 bopd

so purchase price is 345 plus debt take over of 84 or 431 million and 104,100 per bpd oil equivenlent.

So novus has 3360+840x.25 = 3570 bopd cost equivelent so you would get:

 

371.6 value

15. options

-80 debt

306/210 = 1.46 per share equivelent to cutback deal.

 

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