Has anyone come up with figures for what BCP are paying per/brl for NDO's 2P
reserves ?
I'm just wondering what Galoc 2P reserves are worth now that OEL is in TH. (Although the TH could also be SC55 related)
Looking at the BCP/NDO transaction:
BCP are paying AUD113mil for the company
NDO's net cash balance is roughly zero @ 30-06-14
WL 2P UNdeveloped reserves are net 3.2mmbbls x USD10/brl = USD32m
Galoc 2P developed reserves are net 2.3mmbbls x USD25/brl = USD57.5m
Other permits/Galoc upside USD12m
Total USD101.5m / FX0.9 = ~AUD113m
You can juggle the numbers around but it has to add up to AUD113.
If USD25/brl is a fair value for 2P developed reserves, OEL's remaining 2P Galoc reserves would be worth:
3.2mmbbls x USD25 = USD80m / FX0.9 = AUD89m
- Forums
- ASX - By Stock
- NDO
- Implied 2P reserve value
Implied 2P reserve value
Featured News
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
85.5¢ |
Change
-0.065(7.07%) |
Mkt cap ! $209.8M |
Open | High | Low | Value | Volume |
85.5¢ | 85.5¢ | 85.5¢ | $8.204K | 9.595K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53686 | 85.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 21666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 53686 | 0.855 |
2 | 115739 | 0.850 |
1 | 4000 | 0.810 |
1 | 40500 | 0.800 |
1 | 663 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 21666 | 2 |
0.910 | 4000 | 1 |
0.920 | 1270 | 1 |
0.970 | 19999 | 2 |
1.010 | 989 | 1 |
Last trade - 11.05am 05/08/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |