BYE 0.00% 5.4¢ byron energy limited

Ann: SM58 G2ST Well Results, page-79

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  1. 11,058 Posts.
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    @LittleArt
    read your post again ... and went through the BYE releases again .... was this gas result totally unexpected as BYE did not plot it at all in the preso ...

    I put in $10M for FY'21 & $15M for FY'22 (which are material revisions but less than $value of 1,100 bopd) ... call it 5Bcf and 7.5 Bcf annually at $2/Mcf average annual price ... is the well really going to produce at that gas rate for a year?

    Net end result is IV goes up to $0.3008 ... so almost 50% increase.

    Now Michael and I can go back to a sentiment discussion wink.png ... not quite as bad as the other oiler but discounted by roughly 40% ...
    Last edited by cmonaussie: 07/10/20
 
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