I'm reading at least two wells at Vali and one at Odin. Three producing wells at Vali would likely see 12-15 mmmscfd gross or around 3-4mmscfd net.
3mmmscfd equates to 1.161 pj/y. On paper we should be able to get $8-10 per gj gross - so a conservative $5-6 per gj net.
Assuming base case of 3mmscfd and $5 per gj net, we would net $5.8m per annum.
Cervantes was estimated to cost $4.5m net....not too hard to see how everything will be funded.
I'm hoping they dream big and fast here...exciting times.
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