KOG fair value calculation

[setliff]

dan, you say 2010-2013 cfps x 2.5 = 8.03

excatly how did you get that number? i added cfps for these three yrs x 2.5 and came up short of $8.

tia
jim

[dan_s]

Download my forecast to Excel and you can see the formula. Remember, there is a lot of "my gut feeling" in the individual fair value estimates.

Kodiak has very few well so there is always the risk that they will have some operations issues and not be able to hit my production forecast. Of course, they could always exceed it.