CVN 0.00% 16.0¢ carnarvon energy limited

summary, page-9

  1. 6,650 Posts.
    Okay here a stab in the dark.

    Assume well and surface production cost = USD 2 million.

    Daily production at 1,000 bop.

    Value = USD 65 per barrel, conservative?

    Then 2,000,000 / (1000 * 65) = 30 days.

    Phenomenal cash flow even if the well cost are USD 4.0 million the pay back is fantastic!!


 
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