The Financials

Terminal Value
Exit year 6
Growth (depletion) -6.20%
Terminal Value (Perpetual Growth Model) $1,961,413,519
EV/EBITDA 12.7x
Terminal Value (EBITDAx) $4.029 billion
Plugging Liability @Exit
No. of wells to be plugged 3,500
Average Cost per producing well $40,748
Total $142,618,000
Years to discount from exit date 2
PV Plugging Liability @Exit -$117,866,116
Reserves @Exit
Number of barrels produced per day 450,000
Value of Reserves @Exit $3.456 billion