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clock Created with Sketch. 29/12/22
02:39
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Originally posted by jctrout:
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Hey Khanjee, if you take the 2P and 2C together for AWE you get $602m for about 650bcf, under price pressure from a diabolical price period for the industry. They sold/got taken over at the worst possible time and I would say that we will never see those prices again. there's too much upward pressure on contracts, not to mention the so called price cap which was a rather generous price reset for the industry. I would bet that $12gj will be the new norm soon nationwide. My own calcs on COP for DOMGAS come in at around $2.80gj including development capex and opex, so a 400bcf share for NWE would be $1.152 - $1.872bn gross profit after well head taxes at the $6 - 8 gj contract rates.
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hmm?? just thinking ?? it's not everyday day you make a discovery as convenient and that has The Potential of the Perth Basin , the numbers will change during the spuds /drills ,ya gotta feel pretty good now being a holder of Nwe imho
Prosperous Trading TesterWa
