PPP 0.00% 3.7¢ pan pacific petroleum nl

16.5c cash/share +1000bblpd+1c/share interest , page-30

  1. 9,095 Posts.
    lightbulb Created with Sketch. 557
    Logic suggests a modest increase in cash at end of Dec qtr.
    Next calc will be drilling costs for the Vietnam CRD appraisal well.
    Any ideas ?
    From "memory" I think PPP were reimbursed ~$10mil for the 10% Backin. That implies the 2 CRD wells cost $100mil gross, around $50mil each. If that's correct then PPP's expenditure for 5% of the upcoming CRD appraisal would be ~$2.5mil+ ?
 
watchlist Created with Sketch. Add PPP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.