Oil and gas wells are easy to model if you do the work.
The production data for an AOI is public on the OCC and decline rates follow a particular exponential curve. Using that you can calculate average production for a well. We also have IP for Jewell, Rangers and very soon Flames.
Costs per BOE with a bit of work can be estimated, royalties are 20% and oil / gas prices can be extrapolated from Nymex futures.
Plug in the data, calculate the annual net cashflows and then discount back for a NPV.
Do that for 21 wells and there is your value - a rough estimate of what the companies assets are worth.
Oil and gas wells are easy to model if you do the work. The...
-
- There are more pages in this discussion • 5,490 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 BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $169.0K | 16.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 9939702 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 41463056 | 26 |
View Market Depth
| Last trade - 14.22pm 28/08/2024 (20 minute delay) ? |
| BRK (ASX) Chart |