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Oh dear, sorry B4, I lopped the 250mb and 800mb numbers off in...

  1. pj
    2,090 Posts.
    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.
    Last edited by pj: 30/12/15
 
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