Share
1,378 Posts.
lightbulb Created with Sketch. 152
clock Created with Sketch. 29/12/22
10:04
Share
Originally posted by jctrout:
↑
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.
Expand
great post! I believe someone from MIN will be watching these posts and have realised 6 cents offer was a joke. Most NWE holders on HC who i’m sure hold around a billion shares together are quite educated and well informed in relation to our potential resources and our true worth.
