No I hadn't included the oil potential. By the way, you can't value the oil in ground at spot, and I doubt a single well will be able to tap all the reserves. So the value is nowhere near 1.4bn for a single well, but agree there is some potential value there.
General rule of thumb in terms of a risked NAV is $10/barrel for pre-drill, $15 for successful drill, $20 post FID, $30 for developed oil. Obviously once in production, the asset will be valued from a DCF perspective once it starts generating cashflow.
618
No I hadn't included the oil potential. By the way, you can't...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.015(8.11%) |
Mkt cap ! $573.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 18.8¢ | $1.839M | 9.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1895959 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 157824 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |