OMA 1.64% 30.0¢ omega oil & gas limited

Ann: Outstanding Exploration Success, page-3

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  1. 9,128 Posts.
    lightbulb Created with Sketch. 18268
    Look at the green below in the calcs I just did to understand what 3TcF of gas, which they are targeting means. In terms of this Ann, difficult to know without understanding size of the field and flow rate. The below gives volume, you just need to deal with the price issue and 'field life' assumption to get to revenue on an annual basis, but issue is not all gas is recoverable, so you need to make an assumption on that too. My high level thoughts.
    All IMO

    https://hotcopper.com.au/data/attachments/5194/5194875-2b25564096bf5b808926c217d0d1003c.jpg
    Last edited by Scarpa: 13/04/23
 
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