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13:57
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Originally posted by danpech
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I am trying to get a back of the envelope calculation for the magnitude of the Caley resource.
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There's a map in the Jan 2017 corporate presentation which looks to me about 50 sq kms area of the field (scale is hard to read). Also the 500 bcf pre drill estimate would roughly correlate to 100 MMbo, but sounds like the reservoir came in significantly better than expected so would be more than that number. My guess is 200 MMbo in the Caley and 50 MMbo in the other reservoirs. Still good numbers from a value point of view, but could be a bit conservative.
(20min delay)