The gas price is far too low (half of what the gas price is and the NGL is also too low. So your spreadsheet numbers are way too low.
Dan has pointed out that that the resource is 20 - 30 MMBOE. So we are only valued at somewhere between $2 and $3 AUD a barrel. A little undervalued considering our success rate (which has been 100% over the last 18 months).
Ann: Wolf Pack Well Operations Report, page-39
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