SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Saunders who started this subject3/27/2001 10:36:14 PM
From: teevee   of 56
 
Here is one where a minimum price has been set. Its an excerpt from the latest PEY.V news release:

....Proven developed reserves at year-end increased to 7.7 million boe at a finding and
development cost of $7.22 per boe. Peyto achieved a recycle ratio of 6:1 and a
replacement ratio of 18:1 for its proven developed reserves. Proven developed
reserves had a 16-year reserve life based on fourth quarter average production.
Proven plus probable additional reserves increased to 17.6 million boe at a finding
and development cost of $3.38 per boe. The net present value of Peyto's proven
plus probable additional petroleum and natural gas assets increased 449 per cent
from $52,672,000 in 1999 to $289,226,000 or $7.27 per share (discounted at 10 per
cent) in 2000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News