Questerre Energy Corp (Canada) T.QEC

Risked Net Present Value of Future Earnings

[nozzpack]

The 2020 MIF for Quebec Utica risked net present value of future net revenue varies considerably according to the probability of future commerciality.

The NPV after tax at 10% discount  is $199 million.

Price projections were very conservative in this report.

And at least $175 million ( it is being updated ) for accrued costs todate
 

The latter seems reasonably certain and the NPV10 of future earnings in my opinion is reasonably certain as it is extremely conservative .

It seems certain that Quebec will not want to be black listed by giving Questerre some value for future lossed earnings.

So, about $400 million in compensation is my best estimate

[rarihokwats]

Sounds good. I could live with that. We are Taking a hit in Norway though today. Down quite a bit to 2.15 nok and volume over 50 million so far. I guess some have fear Quebec will not pay. I believe they will, so I'll be backing up the truck.

[nozzpack]

This is Friday which is profit taking day. Also, Oslo seems to be mostly day traders given the massive volumes. I remain confident that we will get what my previous post outlined.

[nozzpack]

I should have added that only 16% of the total mapped TPIIP in the Upper Utica was considered Contingent Resources. This was because the test drills were very widely spaced over such a wide area. Additional closer spaced drilling would substantially increase the NPV

[tprig1]

 What is the acronym ' TPIIP "refer to in oilfield Lingo , have a hunch however not sure . INcidentally are you refrrring to TSTM ??