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Msg  10517 of 10689  at  9/9/2019 8:21:10 PM  by

delt1970


 In response to msg 10511 by  Allentownjeff
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Re: August Presentation

In their Corporate Profile slide at the beginning of the deck they say in footnote 7 that the PV-10 of $689.3 million is derived with prices of $59.65/bbl for oil and $1.76/mcf for natural gas.

The message of the tape, of course, is that these values are low now and going dramatically lower; that Watson will not reduce the headcount to get lean and mean; that the Board will remain bloated and self-interested; that fracking will be banned by an Executive Order of the next President not named Trump and that achieving BO-revised production guidance of +9% in 2019 will be a subject of "remember when" references.


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