NSE 0.00% 0.4¢ new standard energy limited

highlights from last presentation , page-21

  1. 249 Posts.
    BTW Goodgas,

    Your SEA comment didn't go unnoticed.
    Sale of South Antelope Field to Helis Oil&Gas:

    3P reserves of 12.2mmboe
    4.5 net producing wells for 500 boepd net to SEA

    Price: USD 44k/acre for 3900 gross acres

    NSE: 25% of 11 million acres = 2,750,000 acres

    = USD 121bn equivalent net to NSE
    = USD 400/share equivalent to NSE

    = A #&*% Load Prawno old boy!

 
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