Re: Couple of numbers re Reserves
in response to
by
posted on
Jul 03, 2008 03:42AM
Identify, Focus, Develop.
Sorry guys, there was an error in my estimations. The % of ownership was missing. Although I think the estimation is really conservative since I am just using 10% recovery rate as the midpoint. When pasting it doesn't look very good, but I hope you can real properly the tables.
Assumptions | ||
Reserves (million barrels) | 1,000 | 2,000 |
Recovery Rate (%) | 10% | |
Oil Price ($) | 140.0 | |
Profit per barrel (as % of oil price) | 14.0 | 10% |
Exchange Rate (CAD/$) | 1.01 | |
Diluted NOSH (million) | 402.2 | |
Ownership | 22.5% |
|
|
Reserves (million barrels) |
||||||
|
0.8 |
500 |
750 |
1,000 |
1,250 |
1,500 |
1,750 |
2,000 |
Recovery Rate (%) |
2.5% |
0.10 |
0.15 |
0.20 |
0.25 |
0.30 |
0.35 |
0.40 |
5.0% |
0.20 |
0.30 |
0.40 |
0.50 |
0.59 |
0.69 |
0.79 |
|
7.5% |
0.30 |
0.45 |
0.59 |
0.74 |
0.89 |
1.04 |
1.19 |
|
10.0% |
0.40 |
0.59 |
0.79 |
0.99 |
1.19 |
1.39 |
1.58 |
|
12.5% |
0.50 |
0.74 |
0.99 |
1.24 |
1.49 |
1.73 |
1.98 |
|
15.0% |
0.59 |
0.89 |
1.19 |
1.49 |
1.78 |
2.08 |
2.38 |
|
17.5% |
0.69 |
1.04 |
1.39 |
1.73 |
2.08 |
2.43 |
2.77 |
|
|
Note: Output Sheet is the reserves potential per share in CAD |
|||||||
|
|
|
|
|
|
|
|
|
|
|
Reserves (million barrels) |
||||||
|
0.8 |
500 |
750 |
1,000 |
1,250 |
1,500 |
1,750 |
2,000 |
Oil Price ($) |
80 |
0.23 |
0.34 |
0.45 |
0.57 |
0.68 |
0.79 |
0.91 |
100 |
0.28 |
0.42 |
0.57 |
0.71 |
0.85 |
0.99 |
1.13 |
|
120 |
0.34 |
0.51 |
0.68 |
0.85 |
1.02 |
1.19 |
1.36 |
|
140 |
0.40 |
0.59 |
0.79 |
0.99 |
1.19 |
1.39 |
1.58 |
|
160 |
0.45 |
0.68 |
0.91 |
1.13 |
1.36 |
1.58 |
1.81 |
|
180 |
0.51 |
0.76 |
1.02 |
1.27 |
1.53 |
1.78 |
2.04 |
|
200 |
0.57 |
0.85 |
1.13 |
1.41 |
1.70 |
1.98 |
2.26 |
|
|
Note: Output Sheet is the reserves potential per share in CAD |