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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: chicoman who wrote (7078)2/1/2000 5:47:00 PM
From: SofaSpud   of 24922
 
chicoman / Merit

The proved producing at 15% pretty much takes care of the liabilities; that leaves the land and the tax pools as the hard value, and proved non-producing & probable as softer value. There should be something there, but I wish I knew how much. It's imperative they do something fast. Production is down to about 6,500 boe/d, between dispositions and lack of even maintenance capex.
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