2P nunber is inclusive of 1P, not mutually exclusive. Reservoir do not produce in a linear profile, with production rate declining as reservoir pressure depletes over time. That doesn't change the total expected production output, but simply spreads it out for a longer horizon.
The expected field life of Walyering is about 6 to 8 years depending on the actual production profile. W7, if successful, should extend field life by another 3 to 5 years.
The NPV of TPD's 45% Walyering stake is about what they paid for TPD. Hence why I was never that excited about the transaction. However, with the SE appraisal issue, the acquisition has actually helped STX a lot by providing a stable and decent cashflow to help fund future exploration and appraisal program. That cashflow has probably also helped limit the downside damage to the SP even though it is currently trading at decent discount to fair value.
618
- Forums
- ASX - By Stock
- Analyst Notes and Price Targets
2P nunber is inclusive of 1P, not mutually exclusive. Reservoir...
- There are more pages in this discussion • 282 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STX (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.6M |
Open | High | Low | Value | Volume |
23.0¢ | 23.3¢ | 22.0¢ | $1.238M | 5.531M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 327178 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 318446 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 327178 | 0.220 |
19 | 980688 | 0.215 |
21 | 804449 | 0.210 |
10 | 843671 | 0.205 |
18 | 701132 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 318446 | 8 |
0.230 | 460543 | 7 |
0.235 | 450616 | 17 |
0.240 | 591270 | 14 |
0.245 | 707807 | 9 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
22.0¢ |
  |
Change
-0.010 ( 3.80 %) |
|||
Open | High | Low | Volume | ||
22.5¢ | 23.3¢ | 22.0¢ | 3834406 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
STX (ASX) Chart |