OEL

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1.2¢ otto energy limited

Ann: Otto to Participate in Production Acceleration Well at SM71, page-11

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boysy1

9,320 Posts.

770

16/08/24

15:54

Post #: 75242082

Originally posted by gdn001 ↑

Should have been 0.86bcf (factor of 10). Makes it worth approximately 10% more (lower value gas increase)

Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7

0 SM71 D5-ST Rough Estimate of NPV of this well (approx $0.0022 / share; approx $0.0029 if no tax payble; approix $0.00086 pas share for a duster)

1 Oil bbl cu.ft

2 271,000 860,000,000

3 271,000 860,000

4 oil/gas $80.00 $2.20

5 prod costs $10.00 $0.70

6 net $70.00 $1.50

7 revenue $18,970,000 $1,290,000

8 total revenue $20,260,000

9 well cost -$8,650,000 -$2,850,000

10 $11,610,000

11 less tax 25% $8,707,500

12 shares 5,000,000,000 5,000,000,000

13 per share $0.00174 -$0.00057

14 aud p/s $0.6600 $0.00264 -$0.00086

15 need to discount cashflows (several years of production)

16 hence success case would be worth approximately aud$0.0022 per share

17 duster cost would be around $0.00086 per share

18 if no tax payable (GC21 writeoff), success would be approximately $0.0029 per share

Expand

not sure those oil and gas numbers are right gdn they note the F3/F5 sidetrack numbers are shown in both contingent and prospective resources in the reserves report also shares on issue are 4.795b

OEL Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held

1 Upvote

0 Great analysis

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Ann: Otto to Participate in Production Acceleration Well at SM71, page-11

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	Column 1	Column 2	Column 3	Column 5
0	SM71 D5-ST Rough Estimate of NPV of this well (approx $0.0022 / share; approx $0.0029 if no tax payble; approix $0.00086 pas share for a duster)
1		Oil bbl	cu.ft
2		271,000	860,000,000
3		271,000	860,000
4	oil/gas	$80.00	$2.20
5	prod costs	$10.00	$0.70
6	net	$70.00	$1.50
7	revenue	$18,970,000	$1,290,000
8	total revenue	$20,260,000
9	well cost		-$8,650,000	-$2,850,000
10			$11,610,000
11	less tax	25%	$8,707,500
12	shares		5,000,000,000	5,000,000,000
13	per share		$0.00174	-$0.00057
14	aud p/s	$0.6600	$0.00264	-$0.00086
15	need to discount cashflows (several years of production)
16	hence success case would be worth approximately aud$0.0022 per share
17	duster cost would be around $0.00086 per share
18	if no tax payable (GC21 writeoff), success would be approximately $0.0029 per share

Ann: Otto to Participate in Production Acceleration Well at SM71, page-11

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Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

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