Poll: What $Mcf

[CesiumFormate]

I find it hard to believe that given the Cove Energy comps, and what PR paid that it will be less than $2.85.

[Petro2458]

I posted economics here several months back. The PRE deal, as stated in the release, was not real money...you must run a life of field economic case discounted back to today's $$ commensurate with some estimate of resources to actually figure a $/MCF. The economics for E/A show a NPV10 of $1.25-$1.50/MCFE. This is a double from here .. And doesn't provide any value for Triceratops.

[ArtM72]

Petro -

Help me. What was the future $/mcf and discount rate upon which the $1.25-$1.50 was based?

[Petro2458]

Art-I have worked for a few oil companies that you have heard of...we used 12% 15 years ago, use 10% now (which is what I used). Majors I believe are using 8%.

[Movieguy]

Okay, seems voting has pretty much come to a stop with 52 votes cast. If we value each vote at the midpoint of the range, with the 2 "over $3" arbitrarily at $3.20, then here are the results we get:

Average = $1.91, Median = $1.88, Mode = $1.38

Even valuing at the mode, we get an NAV in excess of $150/share and using the average or median we are well above $200. I think we can all live with those numbers for now. I still think we see a deal number over $2.

[CesiumFormate]

One thing we have to consider is that we have not seen the seismic data.  The majors might price in good seismic data, particularly with Triceratops.  So be careful of the denominator when you think about your price.

[Tusker]

Okay, seems voting has pretty much come to a stop with 52 votes cast. If we value each vote at the midpoint of the range, with the 2 "over $3" arbitrarily at $3.20, then here are the results we get: Average = $1.91, Median = $1.88, Mode = $1.38 Even valuing at the mode, we get an NAV in excess of $150/share and using the average or median we are well above $200. I think we can all live with those numbers for now. I still think we see a deal number over $2.

My complements.. this board is well served by your comprehension of measure.

Cheers

Tusker

[Relker]

Considering the low costprice (< USD 1/MCF) it is funny that so little people understand that the price most probable is above USD 3/MCF.

[jft310]

Unlike others i don't care what the price is and can be zero and I am happy. Why you ask??? The monetization of these assets with costs under $1 that can be sold for $14-19 per mmbtu is well off the charts and then we have 30,000 barrels a day in condensates and we own a refinery. The Billions not exaggerated in cash flow for Interoil should just stagger anyone who gets a handle on the scope of whats happening. Focus on a getting it done thats what counts here not the price. BUT I to like $3 per mcf and would just jump and down for joy with that price.

[UncleT]

Polls here don't seem very accurate.