orvis something I have been pondering over the last couple of days is what would be a fair value for SEY. Based on the Premier deal alone? assuming Ching at 120 mil, Tevet 40 mil,Tiof 400 mil, Banda 4tcf (including pelican etc) and say Ladeidna at 70 mil. and GOM producing at 2004 year end figures. current oil and gas prices.
on a side note: I am right in assuming SEY have 2 wells this month. Dor`e-1 which I will stick my neck out and say will show something please. and TB2 in the GOM.