Ann: Wolf Pack Completion Operations Underway, page-30

certainly these numbers will be within the realm of possibilities.
It will be interesting to see what the oil price does...I have a gut feel there will be a crunch soon and the price will double in the near term.
That is just idle speculation however.

One important bit, have you deducted the well drill/frac/completion cost from the first years revenue figures? It will have a bearing.

Lets do some more work with the NPV numbers.

1. Assume the company sells 50% of the asset...that will be ard $200M AUD in their pocket.
2. Lets say they keep $100M for working capital to pay their way for the new operators fast track development...
3. That leaves $100M as a potential cap return to SH...
4. Youve got to be in it to win it...Id say most punters are set...and the big money is quietly monitoring the sentiment in these threads and mopping up whatever it can in contemplation of such a pay day.
5. This will leave co with a continued revenue stream into a hi oil price environment.
6. If the oil price skyrockets...any deals in the wings will be rapidly triggered. Hopefully mgt has its wits about it and rejigs the numbers before agreeing.