GGP 0.00% 0.6¢ golden gate petroleum ltd

steve graves and ggp, page-67

  1. 891 Posts.
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    Thanks whiskey for the deline rate feedback. Antares energy deline rates are steep. I keep thinking back to GGP inital deline rate guidelines of 5%pa, and a 25-30yr production life. Antares has greater deline rates than 5%.

    Once I re-jig my spreadsheet similar to Antares production rates, we will see how that impacts on the figures too.

    I will try to post a screenshot on this thread once I re-jig it...

    For those that have requested the spreadsheet be emailed, you will open up the spreadsheet and there will be an area at the top of the spreadsheet where you can enter in your own assumptions and generate your own results.

    I'm reasonably good at spreadsheets, and it should be easy to enter any scenario.

    Here are some of the things I am considering, where you can enter in your own values:
    a)oil price
    b) Iran war oil price premium
    c) Depressionary oil price discount
    d) decline rates
    e) Net revenue 72%
    f) costs of production (est 35% net revenue)
    g) production schedule/ggp timeframe for wells 1-10
    h) Price/earnings rate 7
    i) Shares on issue
    j) AUD/US rates

    thanks
 
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