Today KKO has a 2C (contingent resource) of 4.9tcf of methane...

Today KKO has a 2C (contingent resource) of 4.9tcf of methane which about 50% or 2.4tcf is attributed to KKO I think until that merger is done?

There is an ASX company STK Strike Energy with a combined 2P and 2C apparently of 982 PJ equivalent to 0.931tcf of natural gas (methane). It has a marketcap of AUD$570m but has other projects too maybe.

To me consider the inground value.

Each 1TCF of any proven commercial reserves is worth inground at let's say AUD$10/mcf/mmbtu about AUD$10b if I calculated that correctly. That's inground value so marketcap would be much lower some percentage of that increasing in a best case going into production etc..







930,756,412,147 scf
930,756,412 mcf (thousand cubic feet)
930,756 mmcf (million cubic feet)
931 bcf (billion cubic feet)
0.931 (trillion cubic feet)