Also good to read rest of bye's releases today, especially reserves and resources report. NPV10 pre-tax of 50% JV share of SM71 roughly $186million. Collarini will also not value VR232 until further geophysical work is done potentially on the 'high risk/high reward prospects'. F4 & F5 wells at SM71 from roughly 2020 onwards when production starts declining at other wells. receiving about US$3,000,000 per month cashflow (50% JV share) from SM71 based on stabilised 3600 bopd and 6mmscfd gas per day.
comprehensive t.a., page-143
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