Thats the value of the assets that BHP purchased and its about the same size (10TCF).
BHP assets are producing 400mmcfd, thats about 20 wells flowing at 20mmcfd, which seem about average for the granite wash wells.
Well be getting $8gj compared to $4gj in America, maybe we only need half as much, let allow a bit of value for the Rockel project, we have 3 billion shares on issue, we could be at a $1 a share before you know it.
You know it makes sense!!!!!!!!!
TSV Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held