Goodbye 2015, page-9

Oh dear, sorry B4, I lopped the 250mb and 800mb numbers off in the interests of simplicity. Just for you, here they are:

(Sorry in the interests of balance, you can't have one without the other . Incidentally the 250mb table would still meet the stated minimum economic field size of 200mb when fully proven. As per previous, recoverable volume targets assumed to be about 75% proved by area. Kind of goes to show I think that "meeting the MEFS" has very different implications for the share price depending on the actual field size)


Brent Oil US$30.0
April 2016 SNE 4 (Bel No) BEL Yes
250mb table: $0.033 0.040
800mb table: $0.096 0.103

Brent Oil US$37.50
April 2016 SNE 4 (Bel No) BEL Yes
250mb table: $0.045 0.056
800mb table: $0.141 0.152

Brent Oil US$45
April 2016 SNE 4 (Bel No) BEL Yes
250mb table: $0.057 0.073
800mb table: $0.190 0.205

Brent Oil US$60
April 2016 SNE 4 (Bel No) BEL Yes
250mb table: $0.093 0.120
800mb table: $0.311 0.336

Ref:
http://hotcopper.com.au/threads/goodbye-2015.2671221/page-3?post_id=16698375#.VoMTF3nUiUk

pj

ps SNE 800mb + BEL 170 = 1 billion near enough.