As of December 2, 2012 the PTA's total working interest production was 3,546 bopd or 3,255 bopd net after royalty.
Both Petromagdalena and Petrolifera were aquired for $60,000/boepd while C&C Energia was aquired 2 weeks ago for
In case of a takeover would PetroAmerica also be valued at $60,000/bopd ?
Shares outstanding(578 million) * share price(x) = market cap ( $60,000 * 3255/bopd)
578,331,000 * (x)= $ 195,300,000
x = $0.3376/share
So PTA @ an output of 3255/bopd is valued @ approx. $0.34/share
If production hits 6000/bopd then shares valued @ $0.62 ?