RE:RE:AMER vs PTA: the obvious valuation discrepancy Think probablity of success is more than your 10 percent stat, thats more like a pure wild cat.
I would thinked the risked numbers for each block or well would be much more appropriate
to produce rather than the unrisked values. For those talking about AMI... please take a look
at their proven reserves... THE P........ssss..... and remember for those of you comparing
thats the year end 2013 number not the present number for proven and proven and possible.
Would have hoped this price level would have brought out a large buyback, but then again
months ago, I did say we likely would not see a large buyback... and yes we have not.. yet...
and to me doesnt look like we will... In any case, lets hope... that there are some wells
close to spud date... its been somewhat of a long year so far.. at least for me.