ASX Today, page-7079

First 7079 Last

Share
Profile

Follow
Generalrelativity

13,575 Posts.

567

01/06/17

05:08

Post #: 25029330
Share

Originally posted by domum ↑

Just as an addendum to that last post.

The question becomes for any that might have the JV or acreage as a target, at what point do they let this accretive derisk value process get out of hand and then potentially have a group of big buyers all vying to make a buy and also possibly at higher oil prices.

Don't forget how that DJC report had the value of this play moving on oil price increases and this was pre any new numbers on recent developments with the play and industry efficiencies if applicable such as multiple long horizontals from one pad.

The other factor is the PB factor.

Just how far do these guys need to go before they start thinking, " hey, this guy has actually done it again as he did in the EF ".

Is it on potentially good Ice 2v results ?

Is it on delineation of the wider acreage and conventional potential ?

Is it somewhere between the two above ?

How dependant is a deal on the oil price ?

What is the thinking of the potential buyers and what questions might they be asking ?

We have a contiguously huge acreage that potentially has massive sweet spotting that has high API hydrocarbons that we can pay similar dollars for small acreage in the lower 48 that has MASSIVE size potential.

Would I want to put my foot on such a play early in the piece for say 5 Billion ?

If I knew this thing flows and I believed PB had it right at just Icewine FBP then this sweet spot might be worth this in its own let alone any multiple other sweet spots and conventional stuff let alone the possibility that the WHOLE of the HRZ is payable.

Hella bells, if the above is the case and the JV knows it just how greedy do they become for us and them as shareholders. Do we then hold out for 10 B plus ???

After all we have seen 10s of billions paid for half such an asset, if much of the acreage is proven up, in the EF with the Burlington/CP deal.

Any takers ?

d.

Expand

The other interesting thing is the E&P industry will know this JV has the North South depth of the play tied up because GB hasn't continued chasing the unconventional on their acreage so the northern boundary of the Tmax potential finished on the southern boundary of the GB acreage . So that is already defined.

Another buyer question.

Do we now wait on east west delineation if they already have the north south wrapped up given how these plays r reflected by the conventional reservoirs the source rock oil migrated too ?

d.

88E Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

First 7079 Last

Add 88E (ASX) to my watchlist

(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $57.86M

Open	High	Low	Value	Volume
0.1¢	0.2¢	0.1¢	$36.27K	18.37M

Buyers (Bids)

No.	Vol.	Price($)
513	1362076154	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	80829293	29

View Market Depth

No.	Vol.	Price($)
508	1340816154	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	80829293	29
0.003	471587935	190
0.004	170607074	90
0.005	52727823	42
0.006	47794139	35

Last trade - 16.10pm 19/11/2024 (20 minute delay)

88E (ASX) Chart

ASX Today, page-7079

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

ASX Today, page-7079

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News