NWE 0.00% 5.6¢ norwest energy nl

ctp jv valued at $12-$15 per acre, page-9

  1. 4,563 Posts.
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    Im sorry the Youth,
    At this stage I dont have anything more to dazzle you with...
    I've been looking around the net and I can't find any frame work to punch numbers into... What I came up with previously was from my own Finance notes...

    Don't quote me, If I remember correctly... 70% of the deals in the oil industry in the US over the last couple of years have come from shale gas... the average deal price per MCF is around $1-2 per mcf, closer to 1 id say...
    If NWE could prove up a resource and get anywhere near these deals, then we have a 1 billion dollar deal waiting to happen...$1mcf= $1billion per tcf...

    1 TCF could power the average family vehicle around the earth 10 million times...
    NWE probably have more than 1 TCF...
 
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Currently unlisted public company.

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