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 : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Syncrude who wrote (5591)11/16/1998 9:17:00 PM
From: oilfinder  Read Replies (1) | Respond to of 24925
 
Kerm and (others) how much is an MCF worth in the ground ? Any stats on what other companies have been sold for on an MCF basis ? Once we have a number it should be easy to assign a value to the company, by risking the probables by 50%. My money is on a white knight, I just cannot see how a gas rich company could go for paper to an over leveraged junior, somebody is going to come and make a cash offer IMHO. Hey, even if it goes for 7$, that's 16% over today's price.

MD



To: Syncrude who wrote (5591)11/17/1998 11:34:00 AM
From: SofaSpud  Read Replies (2) | Respond to of 24925
 
Syncrude / Blue Range risked reserves:

From the last press release:

Since April 1998, Blue Range has added over 26 bcf of proved
natural gas reserves (29 bcf proven plus probable), resulting from recently
drilled Halfway gas wells.

If that is the standard practice, they're not risking them.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News