09-16-2014, 10:05 PM
'Palm' pid='49555' datel Wrote:That's all post FID though. Comment above stated pre-FID for discoveries which Bernstein has already given us; 7 Ts assumed by OSH gives us $60 valuation. That's about $8.50/T. A very aggressive assumption of 24 Ts would get us to about $200/share. But let's go one well at a time and keep it real.
Thank you for pointing out my estimate, $15/T, was pre-FID, and Hession's, $20/T was post FID. However, my estimate was also based on a takeover price, not the current, thinly traded market price, so also not apples to apples in regard to your $8.50/T above. I know you feel we should not focus on a takeover, Palm, but that is what this thread was about, so what do you (or anyone else) think of $15/T in regard to a near-term takeover price?