IVZ Valuation

Company:
Chariot oil and gas (UK) undeveloped gas discovery offshore Morocco, for C2-637 BCF or 106 MBOE at 75% share = 80 MBOE
Market Cap same as Invictus Energy.
IVZ potentially 2 pay zone for 8 TCF and 200 MBO or more than 1.5 Billion Barrel of Oil Equivalent.
Possibly share for IVZ been 50% = 750 Million BOE
Valuation comparison implies almost 10 times current IVZ share price.
Note that valuations of undeveloped oil/gas discoveries are of the most variable and arbitrary calculations.
Possibly comparing peers exploration companies is the best practice, because is able to refer to current market valuation, but to find 2 peers similar or comparable is very difficult and therefore a wide range need to be considered.
Still for the YouTube video Scott implies almost certainty to be able with further drills to develop the 200/250 horizon target with some 4TCF gas and also the primary target another 4TCF gas.
Any other peers comparison welcomed...