Hi V10,
The table that @huaneng posted from EH states "Gross Potential Resource Size" not "net Recoverable Resource" for the size of the discovery and the Potential Resource Valuation (per barrel) for the recoverable resource.
Should it not be 'recoverable resource' v 'potential resource value'
Adapting their table for a 10B GPRS with a 30% recoverable figure would be $3B and at $10 PRV per barrel the SP according to the EH table would be $1.054 ... according to the EH formula.
Or if a 20B GPRS then a recoverable resource of 6B with a SP north of $3.513
How many exploration and appraisal wells and DST's would need to happen to confirm that I wonder ?
Would PCL even be involved at that stage ?
- Forums
- ASX - By Stock
- PCL
- General Thoughts
General Thoughts, page-3564
-
-
- There are more pages in this discussion • 2,384 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
-0.001(3.33%) |
Mkt cap ! $117.9M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $3.974K | 270.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 8442019 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 5229320 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 7742019 | 0.014 |
13 | 4470041 | 0.013 |
9 | 6056666 | 0.012 |
6 | 5150000 | 0.011 |
2 | 250000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 3837400 | 6 |
0.016 | 5338227 | 9 |
0.017 | 4459153 | 8 |
0.018 | 7290630 | 7 |
0.019 | 4745964 | 8 |
Last trade - 13.45pm 18/10/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |