I have also modelled RFE based on various scenarios
even if they dont meet their well targets by a significant margin then the NPV is still $2+ (based on my assumptions and those disclosed by RFE)
the only uncertainties in my opinion are the decline rates for the wells and whether operating costs can be kept below US$2 mcf
positive sign to see a major making acquisitions in the sector
not many shale gas plays would break even at gas prices below $6 IMO
- Forums
- ASX - By Stock
- RFE
- exxon buys a large us gas company
exxon buys a large us gas company, page-4
-
- There are more pages in this discussion • 18 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 RFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online