NZ Assets ValueJust saw this TAG reserve estimates. EW is involved in Cheal E. If you factor in 1/2 of P2 and all of P1 and divide by .7, the result is 18.2 million. With EW's portion at 30 percent of that the reserve value, our NZ reserves are worth 5.46 million. When TAG sold off their portion of NZ, they received an offer of about 1/2 of their current reserve value. I expect EW should be able to attain about 2.5 to 3 million for our portion of Cheal E. P.s. Don't know if these reserves take into account the increased production from the water flooding program.