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Danny Katz article interoil
#1

Sorry if someone has already posted article  -  if not someone will post it thanks.

Some of you might remember the chart that our old pal Sal made back about 14 years ago ( Ah Sal...).

If  crude price ($/bbl)  was $40, then a find of  3000 MMbbls of oil would put the pps @ $804.

@ 80 $ a barrell the pps would be $1011.

Interesting numbers... I miss that guy.

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#2
My Math has got to be wrong
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#3
Danny is a college student on Seeking Alpha . The stock price moves with reservoir engineering reports not with internal estimates . Have to wait to see what is proved out . PET posts separately that the estimates may be conservative ,
Sal is deeply missed !!!
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