Ann: Kiwi 1 Demonstrates Strong Initial Results from EPT, page-132

Estimating the Value of 1 TCF of GasGas Price: As of 2024, wholesale gas prices on the East Coast of Australia are typically in the range of AUD $6 to $8 per gigajoule (GJ).Energy Content Conversion:1 TCF of gas is approximately equivalent to 1.037 quadrillion British Thermal Units (BTUs).1 BTU is equivalent to about 1.055 kilojoules (kJ), so 1 TCF is roughly equal to 1,037,000,000 GJ.Calculating the Value:If we assume a gas price of AUD $7 per GJ (midpoint of the range), the value of 1 TCF would be:Value=1,037,000,000 GJ×7 AUD/GJ=7,259,000,000 AUD\text{Value} = 1,037,000,000 \, \text{GJ} \times 7 \, \text{AUD/GJ} = 7,259,000,000 \, \text{AUD}Value=1,037,000,000GJ×7AUD/GJ=7,259,000,000AUDSo, 1 TCF of gas could be worth approximately AUD $7.26 billion.

add a risk factor of 0.04...
7.26*0.04= 0.2904

calculate market cap worth...
0.2904*0.33=0.095832

So risked 1TCF maybe worth 96 million to market cap???