RE:Permian Basin Sale Eagle has been producing around 3,000 bopd for the last 3 quarter before the sell of their permian assets, and they said in their PR, that after the sell :
Eagle's working interest production as of July 1, 2014, excluding the Permian Basin assets, was approximately 1,940 barrels of oil equivalent per day
so, we can deduct that they sold approximately 1060 bopd which is around 130,000 $/bopd, which is in line with a lot of other recent transaction. For CAZ, this could mean, at 1600 bopd, around 200 MM$.
Also, from the 42,7 MM$ gaing they said they got from the sell compared to the reserve report value, we can estimates that they sold approximately 100 MM$ (of their total NAv of 270 MM$ discounted at 10 %). Based on total oil barrel of reserve, we can easily estimates that they sold around 4 MMBOE (100 MM$/270 MM$ * 10,79 MMBL (total reserve as at december 31, 2013). This means 35 $ / barrels ; For CAZ, this could mean, at last reserve update (April 30th 2014) of 13.8 MMBL of Oil (I exclude Gas), around 483 MM$.
We'll see all this will all plays out...
White