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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: J. Kerr who wrote (6095)2/24/1999 6:17:00 PM
From: SofaSpud  Read Replies (1) of 24923
 
Another take on REL price

Estimated '98 production was 6,350 bbl/d and 100 mmcf/d. $390 million suggests a price of just under $24,000 per flowing daily boe. Again, not unreasonable.
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