As I was saying on the other thread:
We all know the base case is A$20/in situ mmbbl. Probably more given POO trajectory to US$90, but we can just work with that for now. 50% share of 100mmbls and we got to add $1b to the MC, simple.
Rome wasn’t born in a day, new discoveries have to be put on production, the field has to be developed… so I am wondering as a little nearest the pin game, what everyone here would like to guess is the highest the SP will reach before Xmas in the various scenarios? Based on the mean estimates for CJ and Rafa of 28 mmbbls and 69 mmbbls respectively…
1) CJ gushes, Rafa dusts, U8 flows to plan
2) CJ gushes, Rafa dusts, U8 stuff up
3) CJ tight, Rafa gushes, U8 flows vigorously
4) CJ tight, Rafa gushes, U8 stuffed
5) CJ tight, Rafa empty, U8 flows vigorously
Nearest the Pin by Xmas
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