"Central Petroleum's (ASX: CTP) unconventional gas and oil resources located in central Australia have been estimated at a value of $412 million following the release of two new reports."
I wonder how much are we worth? if we use the same formula? Don't forget premium on top as our project are more de-risked:
"John Heugh, Central?s managing director, said ?interest in Australian unconventional acreage and recent farmin deals into unconventional acreage have escalated considerably which has been confirmed with the BG Group?s farmin to Drillsearch?s Cooper Basin acreage imputing a valuation of approximately $300/net acre.?"
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(20min delay)