Has anyone come up with figures for what BCP are paying per/brl...

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