you've been following these guys longer than me so you may know more than I do. based on their announcements though I get this.
main opp is the Chinese field and the expanded pilot is around 8% of the field.
assuming they get 30% of their RRP and their fields are operational for 10 of 12 months a year - then the earnings are ($1.134 * 3000bopd * 300 days) = $1.02m for the size of the pilot scope. obviously scalable.
1m earnings at say 12p/e on 282m shares is $0.043 a share
Ann: Rights Issue Presentation, page-8
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