Ann: MEL Presentation - Good Oil and Gas Energy Conference, page-27

Hub and spoke looking to do 20TJ through the Vali 'hub', minus 20% CO2, say roughly 15TJ/day. At VALI only pricing, this would be $120,000/day revenue, give or take. Let alone adding in Odin pricing which would be higher than Vali.

Times this by 240 days uptime as a bare minimum, looking at 28.7m revenue/PA from gas for MEL.

If these wells come back on successfully and flow for a quarter, should re-rate well. Hopefully not taken over by anyone other than VEN.

Downside;

Vali 2 & 3 are not unsuccessfully put back online. However Odin-2 would be elected to be drilled - this would be a long time in limbo and CR undoubtedly required.