To LKO holders - I have noticed comments recently regarding whether the PEL 155 Nangwarry-1 CO2 discovery has any value.
I posted my analysis (below) on the VEN Forum on 29/4/21. IMO it has potentially significant value to VEN & LKO.
My ball park estimate of the Nangwarry field's full field value and the potential CO2 prospectivity in PEL 155.
It may take some time for a Nangwarry re-rating post certified resources i.e. GSA, FID etc. but IMO the value is their.
IMO the potential CO2 prospectivity in the rest of PEL 155 could have VEN sitting on a "gold mine"!
Cheers
Nangwarry Full Field Potential & PEL 155 CO2 Prospectivity
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