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Whiting Petroleum Corp. Message Board

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  • carchandco51 carchandco51 Oct 3, 2011 2:17 PM Flag

    Insanely Cheap!

    I know it seems too low but a metric of $20/bbl in the ground is a value that will carry you through the lows of the past ten years. Forget the barrel of oil equivalent, that was based on the amount of energy 6mcf= 1bbl/oil. The price ratio is 20+mcf/bbl oil unless your in some liquid rich gas.

8.69-0.01(-0.11%)Oct 21 4:01 PMEDT