Ann: Prospective Gas Resources Upgrade, page-23

Hi Seahunt,
Let's assume $1 million per BCF .
NWE has 224 BCF ( High Case ).....
Value equals @224 million
Shares on issue 3.382 billion
Value per share equals 6.6 cents.

Worth waiting for especially when EP368 has several other prospects.
Both STX and MIN/NWE want to do 3D seismics in very close proximity. Why don't they both expand their Seismic area and share the costs.? It is a possibility as is the obvious sharing ( with BPT ) of the Easternwell Rig .

JIMHO.