GREY:RNSFF - Post by User
Comment by
biscuits11on Apr 21, 2018 2:29pm
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Post# 27921858
RE:How valuable is the Upper Jurassic?
RE:How valuable is the Upper Jurassic?Impossible to know. You’d need the following:
production data to produce an example type curve...what the avg lateral length is.....how many locations for drilling....D&C costs per well...opex...etc
without any of that info - at a bare minimum - providing a NAV is impossible. You also can’t really use comps Bc ROE is a first mover in a new area that is highly undeveloped.
This will take time to prove up.