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Message: BNN

BNN

posted on Apr 10, 2008 03:03PM

This is the link....but I believe that this is wrong...

I was told it was on the land value, but actually they are talking about the amount of gas worth is 500million just on the Forest Oil find for our 20% stake...I believe this is LOW...underestimated! The real value should be WAAAY higher.

http://broadband.bnn.ca/bnn/?sid=205&vid=44679

If anyone of our Norway boys are going to post this on the norwegian website, make sure to mention this...but I am sure most of them know....I don't know who is coming up with the numbers, but they are too low..should be higher...IMO...I mean a 20% stake in ~5tcf, is 1 billion dollars....we have no costs to us on that land....I believe that the value forest oil gave is conservative...it will probably be higher!

Thoughts?

Rocco:)


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