PCL 4.76% 2.2¢ pancontinental energy nl

General Thoughts, page-1908

  1. 41 Posts.
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    For fun let's put Saturn over Ghawar

    Area (km2): 2,400/2900 = 0.83
    Volume (BB) (Assumed low range): 88 BB x 0.83 = 73 BB Saturn inground recoverable
    In Ground Value (AUD$): $15 per barrel x 73 BB = $1.095 T AUD
    PCL share @ 20%: $1.095 T x 20% = $219 B AUD
    Value Multiple from todays share price: $219 B / $0.138 B = 1,587 times


 
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