this is it, relatively low GCoS vs the cost of the wells. You'd be at $75-100mmUSD for the commitment well if WDS farmed in with a 20% chance of finding 534mmbbl (PCL best estimate) of which 56% would be attributable to their share. So weighted that's 56mmbl payoff for a high risk well in a frontier basin.
additionally, these are PCLs estimates. WDS will have formed their own view of the potential resource and GCoS which may be higher or lower. WDS likely has more information as well as they've been in the mopane dataroom and just completed an exploration well with Total in Congo.
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this is it, relatively low GCoS vs the cost of the wells. You'd...
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Last
1.2¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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