Actually, that’s not how I read it, it’s even better.
100% or P10 is NPV of $2.8 billion!!
$1 billion was 50% or best estimate so clearly a big number with any success! Bear in mind it is confirmed oil as BHP drilled it way back in the 80’s or 90’s (I think), so it’s just a question of how much!
P90 or a ‘low estimate’ was still a NPV of $130 million.
