A ball park figure for what gas is worth is, I believe, around $5 per mcf. 2mmcf is 2000 mcf so 2mmcf per day would be worth about $10000 per day or $3.65 million per year revenue. That strikes me as extremely good cash flow potential per well, especially given it's not "optimised", so I would have to agree that even 0.5 mmcfd would sound like a pretty good result.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.36 |
Change
-0.010(0.73%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.37 | $1.36 | $862.4K | 633.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 74336 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 33556 | 25 |
View Market Depth
| Last trade - 11.31am 28/07/2025 (20 minute delay) ? |
| BPT (ASX) Chart |