""Valentine structure, which has potential for over 1 Tcf of gas plus significant amounts of associated liquids.""
EMR has 18.75% W.I, could spud in May07
approx value figues if successful
187bcf/gas X AUD$1.00 =AUD$187mm (*$2.28cps)
187bcf/gas X AUD$1.50 =AUD$280mm (*$3.41cps)
187bcf/gas X AUD$2.00 =AUD$374mm (*$4.56cps)
the above doesn't include oil condensate
*also the value per share doesn't include cap raising, figures based upon current 88mm shares fully diluted.
as usual DYOR.
regards
valentine structure potential 1tcf gas
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$3.84 |
Change
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Mkt cap ! $2.522B | |||
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| Price($) | Vol. | No. |
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