Spartan Energy's share price is now lower than when oil was trading at less than $30/barrel. With a 12.5-14 year reserve life index, Spartan is in an excellent position to continue to increase its production rate. Even after applying a 20% discount rate to the value of the probable reserves, the NAV/share isĀ …

Source: Spartan Energy: 33% Upside Using Conservative Assumptions

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