Norwest Energy would be a good metric to use i would have thought?
1.2TCF gross, of which they held 20% with MIN holding the other 80%, and later taken over by MIN for $430m~
$430m x5 (100%) = roughly $2b+ for 1.2TCF (though i believe the field still wasnt fully explored so could be substantially larger. Also don't know what else NWE held.
Excuse the rough calcs, just spitballing.
General chit chat thread., page-2873
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