For BNL it costs US2.5m + US15m = US17.5m capex per 0.25bcf of helium to be developed?
So if BNL proves up reserves of 2P = 13.4bcf it will cost about US938m in capex?
If a smaller figure of 2P = 1.5bcf is proven initially for instance that would cost about US105m in capex? (6x17.5)
Ann: High Concentration of 8.8% Helium in Voyager Water Well, page-109
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Mkt cap ! $18.86M | |||
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