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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Patentlawmeister who wrote (8135)	3/7/2005 6:59:17 PM
From: Crossy	Read Replies (2) of 37387

re: ARD.. that was the production icnrase from one field purchase. Not even from all 5 wells is in that number as they came onstream over Q4.. you will be surprised how much they can produce from their recent acquisition and the 33 wells to be drilled this year ! ´ the PV10 DCF is a compliance issue for all oil firms whether you want it or not. I'm not a fan of such metrics for extraction and upstream oils as too much assumptions are factored in. But even on my cherished metrics (such as the McDep Ratio and others) ARD truly excels and is a 2-3bagger from current levels with ease.. rgrds CROSSY

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