re: Ann: Growler Oil Field Reserves 3P Estima... 2million barrels at 80 bucks per barrel is 160million.
less than half of that would be profit and VPE have 60% share.
Add the CSG interests and I would say for where VPE is in its program for both, it is generously priced.
That is not a prediction on where the SP will go, just that this "news" doesnt really change anything.
