AEL amplitude energy limited

slides made good reading, page-7

  1. 2,834 Posts.
    Back of the envelope numbers here.

    Completed Cooper wells cost $1.7m, Cooper tend to have 25% equity in any given drill they are involved in.

    Thus, Cooper need to pay in call it $400k.

    Cooper produces at 900 bopd at net A$30/bbl, for $27 000 a day.

    Wells take 15 days to drill.

    Thus, when Cooper is involved in a drill, it pays for it out of cash flow.

    When Cooper isn't, they take a satchel full of cash, and throw it on the pile with the others.

    I'd believe the company's numbers, if oil prices stay at or about their current level.

    Ian Whitchurch
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
23.3¢
Change
0.003(1.09%)
Mkt cap ! $616.4M
Open High Low Value Volume
23.0¢ 23.3¢ 22.8¢ $16.47K 71.86K

Buyers (Bids)

No. Vol. Price($)
7 20337 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 542200 25
View Market Depth
Last trade - 10.36am 15/07/2025 (20 minute delay) ?
AEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.