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Gold/Mining/Energy : Petrokazakhstan Inc. -- Ignore unavailable to you. Want to Upgrade?


To: forecaster who wrote (1631)4/25/2001 12:34:59 PM
From: forecaster  Read Replies (2) | Respond to of 2357
 
Hurricane 2000 Annual Report - Reserve Evaluation!

Escalating Price Assumptions: January 1, 2001
US$ at 10% Discount:

Proved: 1,524,107,000
Probable: 933,004,000
---------------------------------
Proved+Probable: 2,457,112,000

This evaluation does not include the newly discovered field. I converted the above to get figures per fully diluted share by dividing by 84,656,439 as stated in the Q1 2001 short report:

Proved: US$18.00
Probable: US$11.02
--------------------------------
Proved+Probable:US$29.02

These are just reserves, add refinery and other assets. I think my valuation of US$18 earlier today (Before I saw the Annual Report) was far too low.

Forecaster