GREY:PSLRF - Post by User
Comment by
Rawliekinson Nov 16, 2014 5:05am
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Post# 23133527
RE:RE:RE:RE:Prices are higher than one year ago
RE:RE:RE:RE:Prices are higher than one year ago As of Feb. 2014, Acumen Capital calculated a 2P reserve based PV10% NAV of ~$1.66/sh excluding value for undeveloped land and utilizing YE net debt of $47.4 MM. 2P NAV was calcuated up slightly from ~$1.58/sh in 2012. On a proved basis the firm calculated a NAV of ~$0.62 per share while the proved producing NAV came in at approximately negative $0.13/sh.