EEG 4.46% 29.3¢ empire energy group limited

Ann: Major Beetaloo Resource Upgrade, page-3

  1. 17,366 Posts.
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    200 wells at between $62 million and $95 million per well, and say ~$15 million per well development costs...thats clear revenue broadly equal between 9.5 billion and 10 billion dollars.

    "BLINK"

    How does one then value this stock? Ie...what is a well life?

    Any ideas
 
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