BPT 0.85% $1.18 beach energy limited

beach's valuation if shale gas is a success

  1. 260 Posts.
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    I would like to but the question out there, what do people think the valuation of the shale gas (PEL 218) would be if it is a success?

    This is just looking at the PEL 218 40% stake beach will have if Chevron go ahead. With 300 tcf gas in place with a recovery rate of 20%. So this would give a net figure to beach in PEL 218 of about 24 tcf; so what would everyone value this 24 tcf at?

    I have my own idea's but would be interested to here other people valuations.
 
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