value if 230 pj for a lng major , page-2

hi guys
have done some more research. 230 petajoules converts to approx 39 million barrels of oil equiv so we could place a value on this if a oil lnked GSA is signed at approx 25 dollars per barrel so approx 1 billion value. we would ofcoourse need to discount for timeframe of delivery but it is a significant addition

DLS and BPT both view the birkehead discovery as very significant - i also confirmed that as it sits underneath the namur reservior both fiedls could be developed simulataneously which is great form a cpaex point if view as well an opex point of view. Therefore the next two bauer wells now have double the upside given we are now apprsaing both namur and birkhead.

lastly the fact that birkhead is flowing also opens up alot of prospectivity for the block to the north