Likely to be at least 100mboe recoverable at NY.
If only US$20 profit per barrel for sae, their 25% = US$500m, hence value of aus$5 a share.
Plus sae will get their costs back for NY, possibly more than 100mboe at NY & then there are all the other juicy prospects.
I should image if the testing is good & the sp doesn't move, a cashed up US energy stock will buy out sae.
Just hope the testing goes well.
All imho.
huge oil reserve, page-4
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