Opt, we are indeed on the same page here! I concur with your comments, except...
"Some of the earlier presentations suggested that each well alone could produce more than the planned field rate of 17.5 MMbbl/d."
17.5MMbbl/d ?? I WISH!!
NDO's daily share would be 3.898 MMbbl, annually would be 1.4227 Billion bbls, which would amount to an annual gross income (@ $90/bbl...$75 gross to NDO) of approx. US$106.7077 billion, and the sp would be (on a lousy P/E of 3)...ahhh, don't wake me up from this beautiful dream!!
The figure is 17,500 bbl/d for both wells. You are correct that some have bandied around the possibility of this figure being obtained from each well, but I'm a little disturbed at this prospect due to the potential of a sharply increased water cut, and a possible resultant shut down. Steady, steady, wins the race!
- Forums
- ASX - By Stock
- NDO
- :.
:., page-19
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
83.5¢ |
Change
0.015(1.83%) |
Mkt cap ! $190.4M |
Open | High | Low | Value | Volume |
82.0¢ | 83.5¢ | 82.0¢ | $8.391K | 10.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 31246 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 0.820 |
3 | 6871 | 0.810 |
1 | 7700 | 0.805 |
2 | 8125 | 0.800 |
1 | 126600 | 0.790 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 31246 | 1 |
0.880 | 6000 | 1 |
0.890 | 6612 | 1 |
0.900 | 500 | 1 |
0.970 | 10000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |