Has anyone come up with figures for what BCP are paying per/brl for NDO's 2P
reserves ?
I'm just wondering what Galoc 2P reserves are worth now that OEL is in TH. (Although the TH could also be SC55 related)
Looking at the BCP/NDO transaction:
BCP are paying AUD113mil for the company
NDO's net cash balance is roughly zero @ 30-06-14
WL 2P UNdeveloped reserves are net 3.2mmbbls x USD10/brl = USD32m
Galoc 2P developed reserves are net 2.3mmbbls x USD25/brl = USD57.5m
Other permits/Galoc upside USD12m
Total USD101.5m / FX0.9 = ~AUD113m
You can juggle the numbers around but it has to add up to AUD113.
If USD25/brl is a fair value for 2P developed reserves, OEL's remaining 2P Galoc reserves would be worth:
3.2mmbbls x USD25 = USD80m / FX0.9 = AUD89m
- Forums
- ASX - By Stock
- NDO
- Implied 2P reserve value
Implied 2P reserve value
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
83.0¢ |
Change
0.010(1.22%) |
Mkt cap ! $189.2M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 82.0¢ | $43.03K | 52.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 537 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 6617 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 537 | 0.830 |
2 | 7341 | 0.810 |
1 | 7700 | 0.805 |
1 | 7500 | 0.800 |
1 | 5000 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 6617 | 1 |
0.880 | 6000 | 1 |
0.890 | 6612 | 1 |
0.900 | 500 | 1 |
0.970 | 10000 | 1 |
Last trade - 15.41pm 10/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |