GREY:ROAOF - Post by User
Post by
annoncpleon Feb 25, 2015 2:39pm
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Post# 23464545
check out the marquee deal
check out the marquee dealI feel this gives a little bit of guidance for valuation of boe in a consolidation environment works out to be about 45 000/boe but has significant land similar to lgx maybe this would work as a tuck in for torc or maybe but probably not d3 working through the math if these wells have a ip90 of 350 b/day we could see a share price of 24.5 cents after debt payment of 32 million assuming that's all we owe, we don't know how much we owe leg for services unpaid either, as of feb 28