PRM prominence energy limited

Bowspirit

  1. 260 Posts.
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    So the fall back is bowspirit. 300,000bbl with a lower cost re-entry. Needs sell down to fund well, was value accretive at Oct 21 oil price and needs a processing and pipeline rolling solution. May also need fund raising.

    so who know:
    - selldown status
    - access agreement status for pipelines and processing
    - q4 2022 needs long leads casing and well heads to be on order already
    - capital cost of single well on shallow platform - I’d guess Us$80m with tie in. can we raise that much ????? Selldown and carry a better deal!



 
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Mkt cap ! $972.9K
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31 17640900 0.2¢
 

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0.3¢ 11503069 7
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
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